Kava
KAVA

1.060
$
9.44 %
Change 24h
Market Cap
$ 14,493,500
Volume 24h
$ 8,555,760
Circulating Supply
13,691,600
Total Supply
13,691,600
KAVA
$
Description
Kava is a DeFi platform that offers collaterized loans and stablecoins built with the Cosmos SDK. It aims to be cross-chain enabled bringing stablecoins to major crypto ecosystems such as BTC, BNB, ATOM and more. KAVA token will act as a governance and staking token to secure the network and vote on key upgrades. USDX token will be issued as a stablecoin backed by crypto asset collateral. Some calls it the MakerDAO on Cosmos. While USDX will be have similar to DAI, the USD stablecoin on Ethereum.