|
Kava KAVA |
|
|
£0.3322368 |
-2.94% (24h) |
|
|
Marketcap |
||
|
£359,763,768 |
||
|
Volume 24h |
||
|
£8,759,167 |
Description
Kava (KAVA) is a decentralized finance (DeFi) platform that offers a range of financial services, including lending, borrowing, and stablecoins.
Launched in 2019, Kava supports cross-chain assets and uses a collateralized debt position (CDP) system to manage loans and maintain the stability of its USDX stablecoin.
KAVA, the platform's native token, is used for governance, staking, and as a reserve currency.
Kava aims to provide a secure and scalable platform for DeFi applications, offering users the ability to earn high yields on their crypto assets.