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.
Celer Network is a coherent technology and economic architecture to enable Internet-scale public blockchains through off-chain scaling techniques. It can scale out to billions of transactions per second, and will fully unleash the power of blockchain and decentralized applications. Provably Scalable Secure & Private dApp-Aware Rapidly Evolvable Easy-to-use Incentive Compatible