Latest Posts with Kava (KAVA) tag

Kava (KAVA)

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Kava is a decentralized lending platform that allows its users to borrow stablecoins against all major cryptocurrency assets. 

 

Built on the Tendermint protocol, Kava was founded by Brian Kerr and Ruaridh O’Donnell. The team consists of 9 members, with advisors including Compound Finance CEO Robert Leshner, Cosmos research scientist Sunny Agarwal and Chorus One co-founder Brian Fabian Crain, among others. 

 

The platform launched in June 2020, with Binance Coin (BNB) collateral, USDX loans and minting as initial features. Kava uses two native tokens: KAVA and USDX. The former is the platform’s native token that allows users to govern the network, and can also be used for lending purposes. USDX is a stablecoin that is generated when users collateralize assets. USDX can then be staked to earn a yield. 

 

The capacity to take loans against collateral on major assets, combined with the ability to mint USDX to buy more of the same asset, is essentially an indirect long position on the asset. Thus Kava offers synthetic and derivative products, in addition to just being a lending platform.

 

The public testnet of the platform was released in Q2 2019, and was iterated upon until the mainnet launch in Q4 2019. This was followed by work on the beta version of the CDP system, which was released in Q2 2020. Custodial and non-custodial BTC pegs are expected to be implemented in Q3 2020.

 

Kava has partnered with a number of well-recognized businesses in the blockchain and cryptocurrency space, including Binance, Huobi Pool, OKEx, Ripple, Cosmos (ATOM), HashKey, Coil and Arrington XRP Capital, among many others.

 

Learn more about Kava (KAVA) here, including news, price predictions, opinions and analyses created by users.


Kava.io (KAVA) forming bullish Shark for upto 235% big move

24 Apr 2021 1 minute read 0 comments moon333

Hi dear friends, hope you are well and welcome to the new update on Kava. io (KAVA) token.On a 2-day time frame chart, the price action of KAVA is forming the final leg of the bullish Shark pattern. https://www.tradingview.com/chart/KAVAUSDT/Et8dbzv...

Kava – DeFi Lending Platform for Digital Assets

22 Mar 2021 2 minute read 1 comment Heath Muchena

To the untrained eye, the use case for cryptocurrencies is limited to trading and quickly transferring money across borders. Decentralized finance platforms have opened the door to seemingly limitless possibilities which appear impossible at first gl...

5 DeFi Tokens To Moon in 2021

26 Jan 2021 1 minute read 1 comment busyjordy

CRYPTO CORNER EPISODE 138 In this episode: ►Quick Overview of DeFi ►My top 5 picks of DeFi tokens to boom this year References: 📄http://bit.ly/nimbus-join 📄https://www.coingecko.com/en/coins/defi-yield-protocol/ 📄https://www.coingecko.com/en/coins/k...

What is Reef Finance and the REEF token?

14 Jan 2021 2 minute read 33 comments PVMihalache

Reef Finance was introduced to the world through the Binance Launchpool. It was then when I had a quick glance at the project and decided to stop farming FAN tokens and move all-in into the REEF pools!   Binance added Reef Finance (REEF) as the 11th...

MakerDAO meets its maker? An explicit guide to Kava.

13 Jan 2021 4 minute read 3 comments Anton Dzyatkovskii

Welcome to Q DeFi Rating and NOAH`s ARK reviews! NOAH’s ARK is a project which gathers all the best DeFi protocols (and pairs) that deserve to be part of a decentralized future for humanity! We use Q DeFi Rating, which is a scoring & rating algorithm...

Kava 2021 Roadmap

11 Jan 2021 3 minute read 13 comments Kava Labs

The Kava DeFi platform is coming out the gates swinging in 2021 with a feature packed product roadmap including at least 2 new native applications and tokens, decentralized bridges to onboard the largest cross-chain crypto assets, and a host of featu...

Understanding the Concepts of DeFi Platforms: APY and 1-Year Reward for HARD Protocol

17 Dec 2020 5 minute read 12 comments insidetrader

Greetings Publish0x community 🖐 Today I want to talk about the reward system and possible incomes you could achieve while using DeFi platforms. Please consider that APY is the abbreviation of Annual Percentage Yield before starting to read.   What is...

A Chance to Get 170$ and Share 138,000 KAVA from 2 Live Promotions from Huobi Global

17 Nov 2020 2 minute read 4 comments insidetrader

Huobi Global, one of the most popular cryptocurrency exchange, has launched 2 separate promotions to broaden its user profile. One of them is directly for new active traders and the KAVA-specific one is a limited offer. Let’s see the details… Huobi G...

Hard Protocol (HARD) by KAVA - World's 1st Cross-Chain Market

8 Nov 2020 3 minute read 17 comments PVMihalache

I. What is Hard Protocol? Hard Protocol is a decentralized and permissionless cross-chain money market build on KAVA, which will perform cross-chain asset lending and borrowing. Chainlink oracles are integrated in the chain and the Tendermint securit...

Binance Launchpool - Hard Protocol (HARD) for Binance Coin (BNB) and KAVA holders

2 Nov 2020 2 minute read 20 comments PVMihalache

The Launchpool is one of my favourite platform, mainly because all new coins, tokens and projects have the Binance seal of approval. Last month I farmed $30 of ALPHA, Flamingo (FLM) and Venus (XVS) from the Binance Launchpool. See October Residual In...