What is KAVA?
KAVA offers companies seamless integration to DeFi products.
KAVA token is used for
- Governance
- Staking for network security
How could value accrue to the token?
Locking tokens
- Nodes must lock tokens to secure the network (Proof of Stake).
What is KAVA chain?
KAVA enables companies (for example exchanges) to integrate with DeFi. Users can Lend and earn yield on their assets.
How it works
The chain runs on Cosmos and proof of stake consensus.
Validators lock their tokens for 21 days at a minimum. Validators earn rewards for securing the network. Read more here.
Cosmos enables inter blockchain communication and users can tokenize for example Bitcoin to earn yield.
Native tokens
- KAVA
- USDX
- HARD
Non-Native
- BTCB
- XRPB
Hard is a protocol on the chain which enables lending with CDPs and USDX stablecoin.
Token issuance
Total supply: 123,000,000 tokens
Binance Smart Chain details:
- Total Supply: 100,000,000 tokens
- Public Sale: 0.46 USD
Docs
Similar projects
- Venus
- COMP
- SXP
Token price
