Kusama Coin

by Web 3 Foundation

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Kava.io

by Kava Labs Inc.

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pTokens

by Provable Things

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Kusama Coin

by Web 3 Foundation

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Kava.io

by Kava Labs Inc.

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pTokens

by Provable Things

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What problem does this service solve?

Kusama allows developers to build and deploy test versions of cross-chain projects that will later be built on the Polkadot blockchain.The Kava CDP is designed to provide cryptocurrency holders more options to leverage their assets.pTokens aims to increase liquidity for cryptocurrencies, as well as cross-chain interoperability.

Token Stats

Company Description

Kusama coin is the native coin of the Kusama blockchain, which is intended to serve as an unaudited and unrefined release of Polkadot. Kusama will serve as a trail version for Polkdadot, and will allow developers to build and deploy a parachain or try out Polkadot’s governance, staking, nomination and validation functionality in a real environment.

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.

pTokens are digital assets that are transparently pegged to another underlying asset. pTokens serve as a Cross-Chain token wrapper that allows users to more easily transfer value between different blockchains. Users can deposit a certain amount of the underlying asset (such as BTC or EOS) and request the equivalent pTokens that are pegged to them 1:1, such as pBTC or pEOS. Token holders can then take advantage of the Ethereum network by more easily exchanging them into ERC-20 tokens.

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