Kava
KAVA
Crypto
Decentralised Networks
USD 0.045-0.86%
Kava
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL2
L1/L2Other
Sub-cateegoryethereum
Ecosystem2019
Year of creation
Description
Kava (KAVA) is a Decentralised Networks crypto token. Kava was founded on 2019-11-04 on the ETHEREUM ecosystem. More information can be found at https://www.kava.io/.
Key Technical Advantages:
Co-chain architecture: The Kava Network features a unique co-chain architecture, enabling seamless interoperability between Ethereum and Cosmos ecosystems. Developers can build and deploy projects using either the EVM or Cosmos SDK execution environments, ensuring compatibility with both ecosystems. Tendermint Core consensus engine: The Kava Network utilizes the Tendermint Core consensus engine, a Byzantine Fault Tolerant consensus system designed to support Proof-of-Stake blockchains, which provides speed and scalability. Cosmos SDK and modularity: Kava Network is built using the Cosmos-SDK, an open-source framework for building public Proof-of-Stake blockchains. As new modules are developed within the Cosmos ecosystem, Kava can quickly implement them, offering flexibility and adaptability. On-chain incentives: The Kava Network offers an innovative approach to developer incentivization, with a transparent mechanism that awards a portion of KAVA emissions directly to protocols to encourage usage and drive ecosystem growth. KavaDAO governance: The Kava Network is governed by the KavaDAO, a fully decentralized autonomous organization (DAO) made up of Kava stakers and validators. Operating on a liquid democracy model, the KavaDAO determines network functionality, changes, and the distribution of on-chain developer incentives. Content summarized by AI chatbotSource:
https://docsend.com/view/gwbwpc3Key figures
-88.4%1Y
-95.2%3Y
-99.0%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
30.08.2022
USD 8.65
All Time High
0.52%
% of All Time High
-99.54%All Time
-91.15%1 year
Max drawdown
#398
Ranking by Market Cap
49.00 M
Market cap (USD)
0.00%
% of Market
373.215 B
Category Market Cap (USD)
0.01%
% of Category
1082847010
Circulating Supply
1082847010
Liquid Supply
100.00%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
8021235
Volume Traded
17.70%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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