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.
YGGDRASH is a trust-based multi-dimensional blockchains (branches) built with a vision “Digitize everything into reality” and to connect everything and any blockchain networks. YGGDRASH’s main-net is called STEM, and its cryptocurrency is YEED. It is a trust-based blockchain ecosystem where each branch is governed by reputation to ensure integrity.