What problem does this service solve?

The Kava CDP is designed to provide cryptocurrency holders more options to leverage their assets.The Mercury Token aims to allow users to create DApps on the Jupiter platform that can interact with the Waves blockchain.

Token Stats

Company Description

The Kava token fuels the Kava.io cross-chain collateralized debt platform. Kava’s multi collateral CDP system allows users to collateralize a variety of assets so that they can increase their exposure to favorable trading conditions in volatile markets. The Kava platform is secured by over 100 validators and uses the Tendermint consensus algorithm.

Mercury Token is a Waves-based token that was created to facilitate cross-chain communication, and timestamping, between the Waves blockchain and the Jupiter blockchain.

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