Deep Dive
1. Purpose and technology
Kava aims to let developers build decentralized applications that can work with both Cosmos and Ethereum ecosystems. Its architecture pairs Cosmos technology for network interoperability with Ethereum Virtual Machine compatibility, which lets developers run Ethereum style smart contracts. Sushi’s Kava overview
2. Token and uses
KAVA is used for staking, where token holders help support network security through validators, and for governance, which lets participants vote on network decisions. Kava can host DeFi services such as token swaps and liquidity pools, which let users contribute assets to facilitate trading. CoinMarketCap’s Kava overview
Conclusion
Kava is a blockchain built to combine Cosmos interoperability and Ethereum compatible apps, with KAVA supporting staking and governance. How effectively can Kava’s design make it easier to build and use applications across ecosystems?null
