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.
Inlock is a platform where customers can borrow or lend using their cryptocurrencies as a collateral. This way, users gain access to the purchasing power of their cryptocurrencies without having to sell them. With INLOCK, you also can create a superposition, where you can be in stablecoins and our token at the same time to combine safety with excitement.