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.
The vision of KuaiToken (KT) is to build a global decentralized pan-entertainment ecosystem. In the future, in various pan-entertainment platforms within the ecosystem, such as exchanges, games, live broadcasts, etc., KT will exist as the basis for the circulation and consumption of tokens for each platform. KuaiToken, KT is a digital currency based on Ethereum Smart Contracts. It has the characteristics of stable value, openness, transparency, high recognition, and decentralized payment. All data of the KuaiToken is open, transparent, and non-tamperable. The price of each KuaiToken is fixed at approximately $0.15 (or 1CNY).