Kava: everyting you need to know about KAVA
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
Kava facts
Abbreviation
KAVA
Category
Decentralized financial platform
Founder(s)
Brian Kerr
Blockchain
Cosmos blockchain
Protocol
Tendermint consensus protocol and Proof of Stake (PoS).
Launch date
October 2019
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What is Kava
Kava Coin is a decentralized financial platform built on the Cosmos blockchain. It allows users to borrow, lend, and trade assets, as well as offers a wide range of financial services, including stablecoin issuance and earning interest.
How does Kava work?
Kava Coin uses smart contracts and decentralized oracles to create a secure and transparent environment for users to conduct financial activities. Users can lock assets as collateral to obtain loans, or they can stake their assets to generate passive income.
The KAVA token
The native token of Kava Coin is KAVA. This token is used for various purposes within the ecosystem, such as paying fees, staking to help secure the network, and participating in governance decisions.
The technology behind KAVA.
Kava Coin is built on the Cosmos SDK and utilizes the Tendermint consensus engine. This enables it to process fast transactions at low costs, while also offering scalability and interoperability with other blockchains.
The Kava ecosystem
The Kava ecosystem includes a range of products and services, including the Kava line of decentralized financial protocols, such as Kava Swap for asset trading and HARD Money Market for asset lending and borrowing.
€0.4238▼0.8%
Benefits of Kava
- Financial Services: Kava Coin provides access to a wide range of financial services, including loans, staking, and yield farming.
- Interoperability: Kava Coin is designed to communicate with other blockchains, enabling the transfer of assets between different networks.
- Stable Coins: Kava Coin supports the issuance of stablecoins, providing stability in a volatile market.
Disadvantages of Kava.
- Risks of Smart Contracts: As with any decentralized financial platform, there are risks associated with the use of smart contracts.
- Price volatility: The price of KAVA can be volatile, which brings with it both opportunities and risks.
Who is the founder of Kava?
Kava Coin was founded by Brian Kerr, an experienced entrepreneur in the crypto space. He has collaborated with a talented team of developers and blockchain experts to build Kava Coin into what it is today.
Expectations for the near future.
Experts expect a minimal price of €1.31 in 2026 and a minimal price of €4.34 in 2031.
Kava price in the last 24 hours
View all key statistics of the past 24 hours here.
€0.4163
€0.4359
€0.4090
Market information
Use these figures to get a better picture of the Kava market.
€25 million
€451.3 million
1.1 billion
€7.73
Kava Return On Investment
See how much the price has risen or fallen over the years.
Historical Kava price
Here you can see Kava's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
| Date | Price | Volume | Marketcap |
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Most popular crypto currencies today
Frequently asked questions
Kava doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Kava is €0.4238.
You can easily buy Kava on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Kava and your other favorite coins.
So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of KAVA is expected to continue rising steadily in the coming years. For instance, the price of Kava is predicted to reach €1.15.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in KAVA. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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