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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.
2 Jul 2020 1 minute read 0 comments Crypto FROG
I do a deep dive on KAVA. It's a Binance and Huobi-backed DeFi lending & finance cryptocurrency project. Its market cap is 1/15 that of MakerDAO’s - its biggest competitor in the space. Does it have the chops to overthrow MKR as the BIG BOY in town?...
29 Jun 2020 3 minute read 19 comments Cryptonator`s
KAVA is one of my favorite DEX & DeFi coins. In fact, KAVA is attempting to shake up the decentralized finance space as it is actually about to break open the world of multi-chain decentralized finance. But the competition in the DeFi space is big, s...
7 Jun 2020 2 minute read 4 comments Jakonfire
8 DeFi Projects I invested in recently I have already written an article about my different staking coins and I still think that staking is a good way to multiply your cryptos over a longer period of time.Another option is to use various DeFi tools a...
1 Jun 2020 14 minute read 0 comments Crypto Revolution
On 29th of May Kava conducted an AMA in Satoshi Club Telegram Group. Our guest was Aaron Choi(The VP of Global Business Development at Kava). Prize Pool was $200. We got over 200 questions posted on our website and about 800 questions during the Li...
26 May 2020 1 minute read 0 comments GAINS Associates
Kava is a generalized decentralized finance platform built on Cosmos that can offer loans, stablecoins, oracles, data infrastructure and more, to build Web3 applications. Learn more about BNB staking with potentially huge returns, their deep integra...
21 Jan 2023 1 minute read 4 comments Duvinca
Hello everyone! And again another new airdrop in Coinbase! It's always a good new. We like those fast and easy quizzes of three questions with which we can earn 3$ this time in KAVA tokens (KAVA). It's very simple, just go to the menu of the wallet a...
19 Jan 2023 1 minute read 0 comments Valdyr
Check your Coinbase Exchange account if you haven't lately - another Coinbase Learning Rewards opportunity just dropped into my account today, this time for KAVA. If you're not familiar with Coinbase Learning Rewards, it's a page within your Coinbase...
14 Sep 2020 1 minute read 0 comments surpassinggoogle
Did you earn any cryptocurrency yet? In this cryptoulog, i will walk you through the process of earn your first KAVA tokens for free. KAVA is one of the top cryptocurrencies in the niche of DEFI and it is listed on many exchanges. You can earn it and...
14 Sep 2020 1 minute read 0 comments cryptage9
This tutorial is to show you how to use the Kava platform. It allows you to get rewards and to hit a usdx stabble coin which allows you to get rewards. If you know the SNX platform, it works a bit the same way .To understand how it all works, I'l...
20 Aug 2020 1 minute read 0 comments JStack
https://www.binance.com/en/support/articles/30868de0819f4740a2cbdc1d4f89b8d2 They are essentially letting you stake on KAVA without having to deal with any of the hassle. I will go into my thoughts at a later time, but the allotted amount is fillin...
