KAVA WITH HARVEST
Kava is a multi-asset DeFi platform that provides stablecoins, loans and other financial services to users of major cryptocurrency assets including BTC, XRP and ATOM to name a few.
The Kava platform enables app developers to quickly deploy DeFi apps using its cross-chain infrastructure and framework.
The Harvest.io Kava application is the first decentralized money market in the world. Harvest. io is the first app to be launched on Kava and allows users to explore different methods of creating money using assets including Bitcoin, XRP, USDX and others.
Kava Harvest.io’s automated money market raises the bar for DeFi applications while introducing support for cross-chain assets. Kava Labs through Harvest. io leverages the modular and interoperable Cosmos SDK framework to support cross-chain assets with other similarly designed blockchains.
Current and future holders of BTC, XRP, BNB, KAVA and USDX can earn interest on native “HARD” governance tokens to provide assets to the loan pool from which borrowers can draw.
Harvest is an open, unauthorized platform that can be integrated into any portfolio, FinTech application or financial institution. Any product that integrates this platform can offer the lending and investment features to its customers providing them with new ways to earn on their capital.
Facilitating the growth of decentralized finance requires strong foundations, as well as native governance tokens. For Harvest, the native “HARD” token invites owners to participate in the activities. On the governance front, token holders can help determine which new assets will be present on the network, the total rewards are redistributed.
As a lender or borrower, having a say in the evolution of the platform can be beneficial. Obtaining the governance token will also be possible for existing KAVA stakers. This user group will receive a 20% share of the total HARD supply. Each KAVA staker provides additional network security to the overall blockchain and native applications such as Harvest.