KAVA is the native token of the Kava platform, with a total supply of 100 million tokens, mainly used for platform governance and staking/verification.
Core Functions
Governance Mechanism
KAVA holders can vote on proposals for blockchain parameters (such as collateral type, collateral-to-debt ratio, etc.), similar to Maker Dao's MKR token.
Staking/Verification
Users can stake KAVA to validation nodes to maintain network security, and stakers will receive transaction fees and staking rewards (up to 20% annualized return).
Cross-Chain Services
Kava is developed based on Cosmos, supporting multi-asset collateral lending, allowing users to directly use cryptocurrencies such as Bitcoin and XRP for lending.
Price Prediction
At the beginning of 2025, KAVA may open at around $0.32, and if the DeFi market rebounds, it may 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
