KAVA is the native token of the Kava platform, with a total supply of 100 million tokens, primarily used for platform governance and staking/validation.
Core Functions
Governance Mechanism
KAVA holders can vote on proposals for blockchain parameters (such as collateral types, collateral-to-debt ratios, etc.), similar to the MKR token of Maker Dao.
Staking/Validation
Users can stake KAVA with validation nodes to maintain network security, and stakers will receive transaction fees and staking rewards (up to 20% annual yield).
Cross-Chain Services
Kava is developed based on Cosmos, supporting multi-asset collateralized lending, allowing users to directly use cryptocurrencies such as Bitcoin, XRP for borrowing.
Price Prediction
At the beginning of 2025, KAVA may open at around $0.32, and if the DeFi market recovers, it could rise to $0.97 by the end of the year. If it fails to maintain above $0.453, the price may fluctuate in the long term. 666
