⚠️ Attention to the Kava community ⚠️ This is a friendly reminder: If you’ve supplied USDX, HARD, or AKT to Lend, we recommend you repay all your borrow positions on the Lend protocol to avoid liquidations. We will give users sufficient time before we take any action to give everyone time to close their borrow positions before the change goes into effect on the Lend protocol. You have until December 15th to close your borrow positions against your supplied HARD, AKT, and other assets. We recommend you take urgent action to close your borrow positions, or these positions will be liquidated after proposal #114 passes. Importantly, you have till January 10th, 2023, to close your borrow positions against your supplied USDX and other assets. We want to give you extra time to close your borrow positions against USDX accordingly. Or these positions will be liquidated after the deadline passes as well. Please see the FAQ here first before you ask any more additional questions.

⚠️ Attention to the Kava community ⚠️ This is a friendly reminder: If you’ve supplied USDX, HARD, or AKT to Lend, we recommend you repay all your borrow positions on the Lend protocol to avoid liquidations. We will give users sufficient time before we take any action to give everyone time to close their borrow positions before the change goes into effect on the Lend protocol. You have until December 15th to close your borrow positions against your supplied HARD, AKT, and other assets. We recommend you take urgent action to close your borrow positions, or these positions will be liquidated after proposal #114 passes. Importantly, you have till January 10th, 2023, to close your borrow positions against your supplied USDX and other assets. We want to give you extra time to close your borrow positions against USDX accordingly. Or these positions will be liquidated after the deadline passes as well. Please see the FAQ here first before you ask any more additional questions.

Benefits of a permissionless public vs. private blockchain include positive feedback loops and network effects. Early adopters get to play an active role out-of-the-box and often times are rewarded for being early through tokeneconomic growth. #blockchain #crypto #iot #web3