Kava (KAVA)

What is Kava Crypto Currency? Kava (KAVA) is a decentralised finance (DeFi) ecosystem built on a secure and scalable Cosmos-based blockchain. Kava is a separate blockchain protocol that enables the open-source development of layer two Blockchain applications and DeFi services, such as lending, derivatives, payments and more. Kava was founded by Cosmonauts, which is a group of developers from Silicon Valley and China, who have a long lasting experience in blockchain technology and open finance. Who Founded It? Kava was co-founded and funded by major investors including Ripple's Xpring, Binance Labs, Cosmos, Arrington XRP Capital, Blockchain Capital, Digital Currency Group, Ribbit Capital and SV Angel. What Makes It Unique? Kava is a pioneering DeFi protocol, creating cutting-edge and unique technology in order to provide security and functionality for users and the development of various DeFi products. It focuses on decentralised lending and stable coins and provides users with decentralised collateralised debt positions (CDPs). The blockchain also allows for smart contracts and interoperability between other blockchains. Kava's native token, Kava, serves as a governance token and also powers its DeFi protocol, allowing users to mint stablecoins, generate yield and access various other DeFi products. Where Does It Used? Kava protocol is used by developers and users to create a wide range of DeFi applications and services, such as yield generation, collateralized loans, stablecoin, payments and more. Kava is currently integrated with the Cosmos Hub, allowing secure interoperability between other blockchains. It is also integrated with Binance Chain, allowing users to access DeFi services across both chains. Where to Buy/Sell It? Kava can be bought and sold on major crypto exchanges, such as Binance, OKEX, Huobi and more. Kava can also be purchased with fiat currencies, such as USD, EUR and GBP, through platforms like Simplex and Moonpay. Kava can also be staked in the Kava DeFi protocol, which allows users to generate rewards and additional yield.