Kava (KAVA)

An introduction to the Kava network
Written by StakeSeeker
Updated 11 months ago

Kava (KAVA)

Kava is a Decentralized Finance (DeFi) lending platform that allows users to collateralize crypto assets in exchange for loans that are denominated in Kava’s stable coin - USDX. In other words, Kava allows you to take out a loan by placing your digital assets as collateral, and then receive Kava’s native token in return.

The platform is uniquely built using a co-chain framework on Cosmos and Ethereum—a dually-sharp architecture that combines Cosmos’ low-cost, fast, and interoperable transactions with Ethereum’s developer strength.

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