Kava.io KAVA
$0.65906 0.03%
Latest Updates
Updated at 03:34$713,664,119.78
#108
$10,765,681.34 8.20%
-$0.00018 0.03%
+$0.0193 2.93%
What about Kava.io?
KAVA is a cryptocurrency that was created in 2018 by Kava Labs. The DeFi lending platform Kava (KAVA) enables users to borrow and lend different cryptocurrencies without the help of financial institutions or other middlemen. It is based on the Cosmos Network and uses the Tendermint consensus algorithm. The layer 1 blockchain Kava combines the speed and interoperability of Cosmos and the developer-friendly nature of Ethereum. Kava has a native token, KAVA, which is used for payments and governance of the platform. KAVA can also be staked by validators or delegated to validator nodes.
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