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Congrats to the entire #Kava team for the hard work and to the Kava community for the support that lead to the BINANCE community voting on Kava for the First Place Award! pic.twitter.com/wyQs9wD67a
— Kava Labs (@kava_labs) July 19, 2020
About Kava
Kava is popular as a “DeFi for Crypto” platform. Designed to offer collateralized loans, Kava offers this on a variety of different cryptocurrencies. As a multi-asset DeFi platform, it offers stablecoins, loans, and other financial services for some of the leading cryptocurrencies. These include BTC, XRP, BNB, and ATOM.
One of the major goals of the Kava project is to provide DeFi advantage to digital assets that face challenges to access DeFi. Some of the very popular use cases of Kava Network are on-demand liquidity and cross-chain transactions.
Moreover, Kava launched its mainnet in Q4 of 2019, and in June 2020, it opened doors of DeFi to the BNB community.
