KAVA is the native utility and governance token of the Kava Network, a decentralized Layer-1 blockchain that merges the speed and scalability of Cosmos with the developer support of Ethereum. KAVA is used for staking to secure the network, governance voting on protocol upgrades, and rewarding validators and delegators who maintain network operations. Token holders can propose and vote on network changes, funding, and development decisions. KAVA also powers the DeFi ecosystem on Kava, enabling lending, borrowing, and stablecoin issuance. Through these roles, KAVA ensures security, decentralization, and growth, driving innovation and supporting a robust multi-chain blockchain environment.
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