The Kava team has an important update on the progress of BEP3 asset bridging functionality.
24 Apr 2024, 22:55
The Kava team has an important update on the progress of BEP3 asset bridging functionality.
The code for decimal support has been released, and app.kava.io is back operational. BEP3 transfers, which stopped working on April 15th, are still the first step in updating the new bridge workflow.
The next step involves a migration on Binance's end. This migration, which was not possible to complete before the Kava 16 upgrade, is expected to be finalized by either April 28th or April 30th, according to Binance's estimates.
Once this migration is complete, the Kava team will proceed with the final configuration, including coordinating with Axelar for asset setup and going live with the new bridge.
The Kava team deeply appreciates your patience and understanding as they work on the BEP3 bridging functionality.
Also, please note that Trust Wallet's WalletConnect V2 is currently in the works and will take up to a week or two to be upgraded on the Kava app.