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.
OKCash was initially launched in November 2014 with the name Positive Innovation for Multi Payment Cash solutions. It was later rebranded to OKCash. OKCash aims to be the social cryptocurrency. OKCash is also developing positive relationship with other cryptocurrencies by helping release a custom wallet for Gaia based on the previous OKCash design. OKCash is now in its PoS period.