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Kava Network Price

KAVA

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About Kava Network (KAVA)

Built on the Cosmos blockchain, Kava is a cross-chain Decentralized Finance (DeFi) lending platform. Users deposit assets, borrow stablecoins and earn yield.

KAVA is the platform’s native token used for governance. It also serves as a reserve currency.

The Kava DeFi hub has been described as a DeFi bank for digital assets, allowing users to tap into a range of services.

A fast, layer-1 blockchain, Kava features a unique "co-chain architecture" that combines the speed and interoperability of the Cosmos SDK with the flexibility and developer support of the Ethereum Virtual Machine (EVM), explained a Kava Labs Blog.

"One network, two chains," Kava says about its claim as a meld of the Cosmos and Ethereum ecosystems.

Kava's blockchain supports multiple applications and services for crypto users while also providing a safe and secure environment for DeFi apps and services to run, Messari said.

The Kava 9 upgrade in January 2022 was hailed by the project in a media statement as the first major milestone in Kava’s mission to connect the Cosmos and Ethereum ecosystems to "deliver a frictionless Web3 experience for DeFi, gaming and non-fungible tokens (NFTs).

How to buy KAVA

With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet. 

Nothing could be easier.

Here’s how fast it is to get started:

1. Go to Uphold.com and click sign up.

2. Enter your email address and personal details. 

3. Click the link we send you and create a password

… and you’re off to the races!

Just start trading.

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