Can Stake Kava for 20% APR in Kraken.
What Is Kava (KAVA)?
Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield.
The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives. Through Kava, users are able to borrow USDX tokens by depositing collateral, effectively leveraging their exposure to crypto assets.
Built on the Cosmos blockchain, Kava makes use of a collateralized debt position (CDP) system to ensure stablecoin loans are always sufficiently collateralized. If a borrower fails to maintain their collateral above a required threshold, the Kava liquidator module will seize collateral from failing CDPs and send it to the auction module for sale.
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Trading Parts :
- Buy Now around 3.1$
- TP1 : 4.95$ (Security TP)
- TP2 : 5.95$
Stop Loss : 2.48$
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Stay S4fe!
Happy Tr4Ding !
What Is Kava (KAVA)?
Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield.
The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives. Through Kava, users are able to borrow USDX tokens by depositing collateral, effectively leveraging their exposure to crypto assets.
Built on the Cosmos blockchain, Kava makes use of a collateralized debt position (CDP) system to ensure stablecoin loans are always sufficiently collateralized. If a borrower fails to maintain their collateral above a required threshold, the Kava liquidator module will seize collateral from failing CDPs and send it to the auction module for sale.
--------------------------------------------------------------------------------
Trading Parts :
- Buy Now around 3.1$
- TP1 : 4.95$ (Security TP)
- TP2 : 5.95$
Stop Loss : 2.48$
--------------------------------------------------------------------------------
Stay S4fe!
Happy Tr4Ding !
Comment:
TP1 Reached.
Trade closed: target reached:
will consider TP2 reached for few cents.