What Is Kava?

KAVA is a cross-chain DeFi platform offering collateralized loans and stablecoins to users of major crypto assets, including BTC, XRP, BNB, ATOM, and others. Users can collateralize their crypto assets in exchange for USDX, Kava's stablecoin. Kava is a cross-chain DeFi platform offering collateralized loans and stablecoins to users of major crypto assets, including BTC, XRP, BNB, ATOM, and others. Users can collateralize their crypto assets in exchange for USDX, Kava's stablecoin.KAVA is the governance and staking asset responsible for securing the network and voting on critical parameters.Kava aims to become the "de facto DeFi platform by providing a decentralized lending platform and stablecoins compatible with major crypto assets".The Kava platform has two types of tokens: the KAVA token and the USDX stablecoin. The KAVA token is the native token of the KAVA blockchain: it is integral in the security, governance, and the mechanical functions of the platform.There are three main use cases for the KAVA token: Security: the top 100 nodes- Governance: and Lender of last resort.