Kava KAVA
KAVA
0.6213
$
1.31 %
Change 24h
Market Cap
$ 487,041,046
Volume 24h
$ 5,251,345
Circulating Supply
783,705,349
Total Supply
13,691,600
KAVA
$
# | Exchange | Pair | Price | Volume 24h |
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Description
Kava is a DeFi platform that offers collaterized loans and stablecoins built with the Cosmos SDK. It aims to be cross-chain enabled bringing stablecoins to major crypto ecosystems such as BTC, BNB, ATOM and more.
KAVA token will act as a governance and staking token to secure the network and vote on key upgrades.
USDX token will be issued as a stablecoin backed by crypto asset collateral.
Some calls it the MakerDAO on Cosmos.
While USDX will be have similar to DAI, the USD stablecoin on Ethereum.