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.
Chi (Q-Chi) can be broken down to mean quantum essence of life, is attempting to harness the disruptive blockchain technology to power the marketing, health and gaming industry. Providing a sustainable chain/supply while bringing future financial opportunities and increase in value to its participants. QChi is collaborating with computer technology, health, tourism and marketing based companies to bring crypto/blockchain technology to the these industries. The cooperation is aimed at providing Qchi a solid and stable backing to achieve a promising future.