Kava (KAVA)
What Is Kava (KAVA)?
Kava is a Layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum. Kava was built from the ground up to optimize its resources for protocol growth, strengthened by its Cosmos EVM technology that enables maximum scalability, speed, security, and developer support. Builders on Kava earn a share of Kava Rise's $750M developer incentive fund via the program's blockchain-based distribution method, designed to reward the top protocols every month based on usage.
Who Are the Founders of Kava?
Kava has always put security and decentralization first. Today, the Kava blockchain ecosystem is developed by over 100 application protocol teams (and counting), and is supported by over 100 infrastructure teams. The Kava ecosystem is supported by multiple independent international Foundations which are responsible for allocating protocol-level funding to grantees with the purpose of supporting the health and continued development of decentralized networks and systems.
What Makes Kava Unique?
How Many Kava (KAVA) Coins Are There in Circulation?
The KAVA token was first launched in 2019 with a Binance Launchpad educational event. All vesting KAVA has been unlocked and Kava’s proof-of-stake’s consensus mechanism emits tokens to incentivize validators to secure the network. A portion of emitted tokens are also utilized in initiatives like Kava Rise to further the decentralization, security, and stability of the Kava ecosystem.
How Is the Kava Network Secured?
Kava is built on Cosmos, and uses a Tendermint-based proof-of-stake (POS) consensus mechanism to ensure the integrity of the network. This uses a network of validator nodes for confirming transactions. These validator nodes must put up collateral to take up the duty of validating transactions. If validators misbehave or fail to meet rigorous minimum requirements, their stake will be penalized — thereby incentivizing validators to remain honest and efficient. Kava holders can run a staking node to earn KAVA rewards directly from the protocol. However, only the top 100 Kava nodes (also known as validators) are eligible to receive these rewards. Beyond this, KAVA holders can stake their tokens on various compatible exchange platforms, like Binance, Kraken, Huobi Pool, and in wallets like Trust Wallet, Cosmostation Wallet, and Keplr. Kava's smart contracts have been audited by multiple independent blockchain and crypto security firms, including CertiK, B-Harvest and Quantstamp. To date, no vulnerabilities have been found.
Where Can You Buy Kava (KAVA)?
KAVA tokens can be traded on over a dozen exchange platforms, and there are now a wide variety of KAVA trading pairs available, the most popular of which include: KAVA/USDT, KAVA/BTC and KAVA/BNB. As of March 2022, Binance is the most liquid exchange for KAVA tokens, whereas Kraken is the only exchange to offer KAVA/EUR and KAVA/USD trading pairs. To learn more about buying cryptocurrencies with fiat, see our comprehensive guide.
What tools does Nimbus offer for effortlessly monitoring Kava?
Nimbus provides a user-friendly tracking solution equipped with intuitive tools to monitor Kava effortlessly. These tools are specifically designed for user convenience, allowing individuals to stay seamlessly updated on the latest trends, prices, and information related to Kava. Users can also explore the world of cryptocurrency effortlessly while simultaneously tracking Kava prices. The platform also offers insights into profit and loss, providing a comprehensive experience without the complexity typically associated with monitoring cryptocurrencies.
How does Nimbus enable tracking Kava prices with profit and loss?
Nimbus facilitates the tracking of Kava prices with profit and loss through seamless integration with your crypto wallet for portfolio monitoring. By connecting with your crypto wallet, Nimbus provides a clear and comprehensive overview of various metrics, including profits, losses, revenue, expenses, return on investment (ROI), and other essential financial indicators. This integration ensures that users can analyze their cryptocurrency portfolio with precision, gaining valuable insights into their financial performance. With Nimbus, users can navigate the cryptocurrency landscape with a perfect blend of simplicity and sophistication, enhancing their ability to make informed investment decisions.
How does Nimbus analyze Kava, and what insights does it provide?
Certainly! Nimbus possesses a robust analysis tool that is adept at evaluating and interpreting Kava . The tool employs diverse strategies, including delving into metadata details, tracking marketplace data, and calculating performance metrics such as Return on Investment (ROI). Through these methodologies, Nimbus provides users with valuable insights into the composition and performance of their Kava. Users can gain a comprehensive understanding of their investment. The analysis tool ensures that users are equipped with the necessary information to navigate the cryptocurrency landscape with confidence and intelligence.
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KAVA Market Statistics
Price USD
$0.295146Market Cap
$319,600,385.27Total Volume USD
$5,332,127.00Total Supply
1,082,854,748.00 KAVACirculating Supply
1,082,854,748.00 KAVAFully Diluted Market Cap
$319,600,385.27Socials
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