KAVA(Kava)
Kava is a multi-asset DeFi platform that offers stablecoins, loans, and other financial services for users of major cryptocurrency assets including BTC, XRP, BNB, ATOM, etc..
Exchange Deposit

1. Brief Introduction


Kava is the first decentralized layer one hub for cross-chain DeFi applications and services and is dedicated to providing applications and developers with a permanent financial services infrastructure. The Kava lending platform and the world’s first cross-chain money market application HARD Protocol built on Kava blockchain combine to create a decentralized bank for digital assets connecting users with products like stablecoins, loans, and interest bearing accounts so that they can do more and earn with their digital assets.


2. Detailed Introduction


Kava is a layer one DeFi Hub where developers can leverage Kava’s security, cross-chain bridges, and adapted Chainlink Oracles to quickly create new cross-chain DeFi applications and deploy them to Kava’s global user base.


Kava utilizes Cosmos SDK and operates with a Tendermint-based Proof-of-Stake (PoS) consensus mechanism. On its application side, Kava creates two applications, the lending platform CDPs and the cross-chain money market HARD Protocol to provide stablecoins, loans, and interest bearing accounts so that users can do more and earn with their digital assets.


The Kava ecosystem has three types of tokens, the KAVA token, the USDX stablecoin and the HARD token where the KAVA token is the native token of the Kava blockchain integral in the security, governance, and mechanical functions of the platform. Users can collateralize their crypto assets in exchange for Kava’s stablecoin, USDX. The HARD token is the governance token of HARD Protocol and is used to incentivize early participants giving them a voice in the ongoing evolution and management of the application.


3. Token Allocation


Kava Shareholders:25%
Token Treasury:28.48%
Private Sale:40%
IEO:6.52%


4. Token Information and Release Schedule


Private Sale #1 - Token Price: $0.075 USD / KAVA
Private Sale #2 - Token Price: $0.25 USD / KAVA
Private Sale #3 - Token Price: $0.40 USD / KAVA
Public Round Price: $0.46 USD / KAVA
Token Lock-up plan and release plan: see the attachment


Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.

 

 

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Huobi Global reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Remindertext here.


White Paper & Online Community
Market Dynamics
Some data are from CoinGecko
Current Price
1.96 USDT
Ranking
From CoinGecko Market Cap Rankings
97
ICO Date
2019-10-16
Total Supply
155216725
Circulating Supply
216193549
Market Cap
304224781  USDT
Circulating Mkt Cap
423739356  USDT
The price range covers the costs of earlier institutional & individual investors.
Price for Earlier Investors
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