KAVA – The Heart of Kava Network
Kava Network is a unique Layer-1 blockchain that combines Ethereum and Cosmos through a co-chain architecture model. This allows Kava to leverage both the vast EVM ecosystem and the power of the Cosmos SDK to achieve scalability, low fees, and multi-chain connectivity.
The KAVA token plays a central role in the network with various uses:
• Staking & Security: Users stake KAVA to become validators or delegate to validators, helping to maintain network security.
• Fee Payment: KAVA is used to pay transaction fees, ensuring continuous operation.
• Governance: KAVA holders have the right to vote on changes, upgrades, or distribution of ecosystem funds.
• Development Incentives: Through the Kava Rise program, KAVA is allocated to projects and developers building on the platform.
With a large community, support from many strategic partners, and a vision to become a hub for DeFi – GameFi – NFT, KAVA is proving its position as one of the most promising Layer-1s.