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Crosschain Tendermint

What is KAVA token used for?

KAVA offers companies seamless integration to DeFi. Built on Cosmos and proof of stake KAVA can offer yield for different native tokens.

What is KAVA?


KAVA offers companies seamless integration to DeFi products.

KAVA token is used for


  • Governance
  • Staking for network security

How could value accrue to the token?


Locking tokens

  • Nodes must lock tokens to secure the network (Proof of Stake).

What is KAVA chain?


KAVA enables companies (for example exchanges) to integrate with DeFi. Users can Lend and earn yield on their assets.

How it works


The chain runs on Cosmos and proof of stake consensus.

Validators lock their tokens for 21 days at a minimum. Validators earn rewards for securing the network. Read more here.

Cosmos enables inter blockchain communication and users can tokenize for example Bitcoin to earn yield.

Native tokens

  • KAVA
  • USDX
  • HARD

Non-Native

  • BTCB
  • XRPB

Hard is a protocol on the chain which enables lending with CDPs and USDX stablecoin.

Read more here.

Token issuance


Total supply: 123,000,000 tokens

Binance Smart Chain details:

  • Total Supply: 100,000,000 tokens
  • Public Sale: 0.46 USD

Docs


Similar projects


Token price


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