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.


A Second Look At My TOP 5 DEX & DeFi Altcoins Primed For Gains 🚀

9 Aug 2020 6 minute read 24 comments Cryptonator`s Airdrop Hunt

At the beginning of July, I published my post "TOP 5 Decentralized DEX & DeFi Altcoins Primed For Gains". Today, about five weeks later, I would like to have a second look at my TOP 5 DEX and DeFi altcoins that are primed for gains to see how they ha...

Coinbase Explores Support For 19 New Coins

3 Aug 2020 1 minute read 0 comments Zemiatin

In a blog posted just a few days ago, Coinabse, the leading US crypto Exchange disclosed that they are looking into ways of adding support for 19 new coins. "These new assets include, in alphabetical order: Ampleforth, Band Protocol, Balancer, Block...

KAVA LABS | Cross Chain Defi Platform

25 Jul 2020 1 minute read 0 comments 💡Smart Crypto School💡

Introduction   Money. World doesn't or cannot function without it. Savers are now suffering, savers are earning less and less and now the savers pay the bankers for keeping their money safe. And this platform appeared. Defi (Decentralized Finance...

Five Incredible Altcoins to Watch out for in 2020 and 2021

23 Jul 2020 4 minute read 2 comments Crypto Adventure

Since the inception of Bitcoin in 2008, there has been a spike in the hype surrounding cryptocurrencies and blockchain. Though Bitcoin took dominance in the market up to now, more cryptocurrencies come into the market every day, with now over 5750 di...

KAVA is on Fire! DeFi

20 Jul 2020 2 minute read 14 comments johnwege

The DeFi market is truly doing something special right now, and it is only the beginning.  But most people only are thinking about the DeFi protocols built on Ethereum, not realizing there is much more out there.  And one of those has been my favorit...

Four Newcomers To Crypto Could Outperform Bitcoin And Ethereum To Become Best Investments Of 2020, Says Lark Davis

19 Jul 2020 1 minute read 0 comments PassionCryptodotcom

Popular crypto researcher Lark Davis believes that a number of decentralized finance (DeFi) projects that are not based on Ethereum have significant growth potential. He specifically points to the benefit of four little-known crypto assets that he be...

Kraken Adds DeFi Tokens COMP, KNC and KAVA

15 Jul 2020 1 minute read 5 comments Abhi K

US based exchange Kraken has listed 3 new DeFi tokens  - COMP, KNC and KAVA - to its platform on July 15, the company announced via a blog post. It has also added decentralized storage asset STORJ. The 3 DeFi tokens have grown in price and popularit...

KAVA (Short summary)

14 Jul 2020 1 minute read 0 comments Jandmade

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...

Kava 3 Update Guide

6 Jul 2020 1 minute read 3 comments Kava Labs

  We have successfully tested and released a patch that resolves the issue with the bep3 asset supply limit not being upgradable. The patch will take effect July 10th, 2020 at 14:00.   In order to have a smooth update, it is important that all node...

Crypto Trend and Momentum Report July 6th: Kava (KAVA), Harmony (ONE), Ren (REN), Enjin (ENJ), Pundi X (NPXS) are the best coins

6 Jul 2020 1 minute read 0 comments Monethical

This post was originally published on Monethical.com   In this post, we give a picture of the crypto trend and momentum setting for the coins that we usually cover in our Weekly Reports. First, we provide a recap table for crypto trend and momentum v...