New Binance-backed DeFi Site Lets You Earn Yield On Bitcoin, Other Non-Ethereum Assets – CoinDesk – Coindesk

Kava Labs launched its first app: a yield-generating decentralized financing (DeFi) platform for Bitcoin (BTC) and other non-Ethereum assets. The product, called Harvest and based on the Kava blockchain, allows users to stake their crypto so that it can be loaned to other users. Harvest will initially support deposits of BTC, BNB, BUSD and XRP. […]

The post New Binance-backed DeFi Site Lets You Earn Yield On Bitcoin, Other Non-Ethereum Assets – CoinDesk – Coindesk appeared first on USNewsRank.