? 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 ?
? Project Overview ?
Kava is a challenge that provides its customers collateralized decentralised loans.
Kava needs to be the de-facto decentralized finance platform. It plans to do that by offering customers a lending platform that’s suitable with a number of crypto belongings, 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 randomly by validators utilizing a multi-round voting course of.
The proposed 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 lottery and airdrop format.
Of the 100 million tokens within the preliminary provide, about 6 million of these went to lottery ticket winners, leaving simply over 300 thousand tokens within the airdrop pool for non-ticket winners.
Given that this was as a Binance preliminary change providing, the token was initially 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 moved 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 lot is staked within 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 in addition 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 management workforce are consultants of their area and supply comparatively well-rounded expertise to the workforce.
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 selling.
Kava’s roadmap has an enormous 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 belongings in CDP on the principle web.
? Trading & Wallets ?
There is proscribed 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 purchasing & staking Kava for the time being is Binance. For storage, you need to use any pockets that helps Cosmos ATOM.
? Disclaimer ?
The info contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who is just not a licensed monetary advisor or registered funding advisor. Trading Forex, cryptocurrencies and CFDs poses appreciable danger of loss. The speaker doesn’t assure any explicit consequence.
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