Lisgre88
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What is Kava.io (KAVA)?
@kava (KAVA) is a DeFi lending platform that allows users to borrow and lend multiple cryptocurrencies without the intervention of financial institutions or other intermediaries. Kava is decentralized and is one of the most popular projects in the DeFi sector. Unlike many similar software protocols and DeFi platforms, $KAVA is not built on the Ethereum network.
Instead, #KavaBNBchainsumer uses Cosmos as the underlying platform that supports the lending protocol. The development team decided to use Cosmos because this blockchain platform is based on customization and interoperability, which adds more functionality to the Kava protocol, while Ethereum experiences challenges in scaling decentralized applications and hosted protocols during network congestion.
@kava (KAVA) is a DeFi lending platform that allows users to borrow and lend multiple cryptocurrencies without the intervention of financial institutions or other intermediaries. Kava is decentralized and is one of the most popular projects in the DeFi sector. Unlike many similar software protocols and DeFi platforms, $KAVA is not built on the Ethereum network.
Instead, #KavaBNBchainsumer uses Cosmos as the underlying platform that supports the lending protocol. The development team decided to use Cosmos because this blockchain platform is based on customization and interoperability, which adds more functionality to the Kava protocol, while Ethereum experiences challenges in scaling decentralized applications and hosted protocols during network congestion.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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