Kava (KAVA) is a decentralized finance (DeFi) token that powers the Kava platform, a cross-chain ecosystem designed to provide lending, borrowing, staking, and yield opportunities. Built on Cosmos and leveraging its interoperability, Kava enables users to access multiple blockchain assets within one network. The KAVA token serves several purposes: it is used for governance, allowing holders to vote on proposals, for staking to secure the network, and as collateral for loans and liquidity. By supporting cross-chain transactions, Kava bridges ecosystems like Ethereum, Bitcoin, and others. Its design aims to combine the speed, scalability, and low fees of Cosmos with DeFi accessibility.
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