Steem Dollars SBD to Kava KAVA Exchange

Crypto Pair Details: SBD to KAVA

Steem Dollars SBD

Steem Dollars are liquid stable-value currency tokens designed to be pegged to $1 USD. Steem Dollars can be traded with STEEM and transferred to other accounts for commerce or exchange.

Kava KAVA

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.

SOURCE: COINGECKO

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