Based on the different governance concepts, the EOSC community has optimized the election mechanism of EOSIO, launched the EOSC mainnet at the genesis block height of one. Through persistently upgrading EOSC mainnet, which makes EOSC Network evolve toward the decentralized high-performance smart contract platform, establishing the basis for the mass implementation of crypto economy.
Kava is a DeFi platform that offers collaterized loans and stablecoins built with the Cosmos SDK. It aims to be cross-chain enabled bringing stablecoins to major crypto ecosystems such as BTC, BNB, ATOM and more. KAVA token will act as a governance and staking token to secure the network and vote on key upgrades. USDX token will be issued as a stablecoin backed by crypto asset collateral. Some calls it the MakerDAO on Cosmos. While USDX will be have similar to DAI, the USD stablecoin on Ethereum.