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KAVA (Short summary)

By Jandmade | Jandmade | 14 Jul 2020

Kava Labs is a Defi platform that offers guaranteed cryptocurrency loans.

It is supported by around 100 corporations among which we can find Binance, Ripple or Cøsmos among others.

It has its own token the KAVA and a stablecoin USDX, this stablecoin will be the one that the platform uses for crypto loans.

With a similar operation to MakerDAO, it has been called "the Bitcoin Uber" due to a growth very similar to that of the well-known transport company Uber.

Kava, an ecosystem that has interoperability as its objective, is a project to take into account, either because of the associations that make up its ecosystem or because of the type of project they are working on.

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