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index 2 300x225 1The crypto Kava Labs Inc (KAVA) Kava is the brainchild of Brian Kerr (the company’s current CEO), Ruaridh O’Donnell and Scott Stuart and is a cross-chain DeFi lending. The company essentially lends USDX, Kava’s stablecoin, to earn interest, and against the loan, the user receives other cryptos. The company acts as a full-fledged lending institution and gives the option including the use of USDX, synthetics, and derivatives. Kava was created on Cosmos and uses CDP (collateralized debt position) to ensure that loans can be repaid. If the security standards required of the borrower do not meet the parameters Kava can

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Author: coinmaker