Kava(KAVA)

Overview

Kava is a Cosmos SDK-based layer-1 blockchain designed to support an Ethereum Virtual Machine (EVM) compatible environment and the Cosmos ecosystem within a single network. Its so-called Co-Chain architecture allows EVM smart contracts and IBC-based asset transfers between Cosmos chains to operate side by side.

The network uses Tendermint-style proof-of-stake consensus, and the KAVA token is used for staking, delegation to validators, governance voting, and transaction fees. Kava originally focused on its own DeFi services such as collateralized lending and stablecoin issuance, and later shifted toward positioning itself as infrastructure for attracting external developers and protocols.