@kava
Kava is a decentralized finance (DeFi) platform built on the Cosmos blockchain that allows users to borrow, lend, and earn with various cryptocurrencies. It's a layer-1 blockchain that combines the interoperability of the Cosmos SDK with the developer-friendly environment of the Ethereum Virtual Machine (EVM). Users can lock up their crypto assets as collateral to borrow the platform's stablecoin, USDX, and earn rewards in KAVA, the network's native utility and governance token.
The total supply of KAVA is uncapped, meaning it is an inflationary cryptocurrency. The supply can increase over time to reward validators and users who participate in the network. The current price of KAVA fluctuates with the market and its total supply and circulating supply are around 1.1 billion tokens
