? TOP Crypto TIPS In My Weekly Newsletter ? https://signup.coinbureau.com/newsletter
? Complete Review ? https://www.coinbureau.com/review/kava-defi/
? ATOM Wallets ? https://www.coinbureau.com/analysis/cosmos-atom-wallets/
BTC Tipjar ?: 35YDYtYAB999JxiXQXewzLvMGX4ki2d3WL
? Time Stamps ?
2:34 How the Process Works
4:40 Kava Consensus & Tendermint
6:24 Binance IEO & Token Dynamics
7:50 Staking on Kava
8:58 Kava vs. MakerDAO
10:14 Team & Development
11:30 KAVA Markets & Wallets
? ? Helpful Links ? ?
? Website: https://www.kava.io/
? Whitepaper: https://docsend.com/view/gwbwpc3
? Research Report: https://research.binance.com/projects/kava
? GitHub: https://github.com/kava-labs
? Tendermint Docs: https://tendermint.com/
? Kava Staking Guide: https://medium.com/kava-labs/kava-staking-guide-4894b8452ab3
? Socials ?
? Official Blog: https://medium.com/kava-labs
? Twitter: https://twitter.com/kava_labs
? Telegram: https://t.me/kavalabs
? Project Overview ?
Kava is a challenge that provides its customers collateralized localized loans.
Kava necessarily to be the de-facto localized finance platform. It plans to do that by offering customers a lending platform that’s suitable with a number of crypto holding, together with BTC, Atom, BNB, and XRP
? Technology ?
Kava was constructed on the Cosmos Network and as such it makes use of the Tendermint core consensus methodology.
Tendermint makes use of a Practical Byzantine Fault Tolerance, or PBFT, consensus mechanism for proof of stake tokens.
Through the usage of this PBFT protocol, the Kava community can assign new block era arbitrarily by validators utilizing a multi-round balloting course of.
The planned block is then confirmed and accomplished by a supermajority of validators on the community.
? Token ?
Kava’s authentic token sale happened on Binance and adopted a pecktery and airdrop format.
Of the 100 million tokens inside the preliminary provide, about 6 million of these went to drawing ticket winners, going away simply over 300 thousand tokens inside the airdrop pool for non-ticket winners.
Given that this was as a Binance preliminary change providing, the token was at the start issued on the Binance Chain as a Bep-2 token. However, in November of 2019 the mainnet was launched on the Cosmos community and it affected away from the Bep-2 commonplace.
KAVA is a Proof of Stake token. You can earn between 3% and 20% APR, relying on how a peck is staked inside the community. Less staking means greater rewards to encourage staking and vice versa.
There are each inflationary and deflationary forces at Kava. Deflation comes from the burning of CDP stability charges. Inflation comes from the block rewards additionally to the “lender of last resort”.
? Team, Partners & Development ?
The firm behind Kava is Kava labs and the CEO of it’s Brian Kerr.
He has entrepreneurial background and he has additionally been on the advisory board of different crypto and blockchain tasks. Other members of the direction work force are advisors of their area and supply comparatively well-rounded expertise to the work force.
There are additionally advisors on the challenge which have come from tasks resembling Cosmos and Tendermint.
For improvement, you had the latest mainnet launch which supported validation, staking, and Kava buying and merchandising.
Kava’s roadmap has an tremendous yr forward for 2020. In the primary half of the yr they plan to launch the general public testnet 4000 with a beta CDP system, then develop cross-chain holding in CDP on the principle web.
? Trading & Wallets ?
There is out change help for the KAVA token. This means that you’ve got comparatively restricted liquidity once you need to purchase or promote the token. This additionally makes value discovery fairly onerous.
The finest change for buying & staking Kava for the moment is Binance. For storage, you need to use any pockets that helps Cosmos ATOM.
? Disclaimer ?
The info contained herein is for cognition functions exclusively. Nothing herein shall be construed to be medium of exchange authorized or tax recommendation. The content material of this video is exclusively the opinions of the speaker who is just not a authorized medium of exchange advisor or registered funding advisor. Trading Forex, cryptocurrencies and CFDs poses substantial danger of loss. The speaker doesn’t assure any explicit consequence.
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