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.
MICROCHAIN is based on the openness and irreversibility of blockchain technology. Combining market research results and the latest technological progress, MICROCHAIN is committed to establishing national and even global product producers with Consumers are seamlessly connected to create a commodity information exchange and trade system in the blockchain world, promote the development of smart payments, smart contracts, and even smart living, and lead the arrival of a new retail era.