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.
VEIL is an open source cryptocurrency with a world-first combination of Stealth Addressing, Confidential Transactions, RingCT and Zerocoin protocol with Bulletproofs to provide secure transaction privacy & efficiency. VEIL project is backed by an experienced team with a vision to develop the most advanced privacy focused cryptocurrency in the market.