Buy Kava Lend (HARD)
What is Kava Lend?
Kava Lend, known by the symbol HARD, is a decentralised finance (DeFi) platform constructed on the Kava blockchain. It facilitates users in lending, borrowing, and earning interest on crypto assets, supporting cross-chain functionality, which allows integration with various blockchain networks.
How does Kava Lend work?
Kava Lend operates on the Kava Blockchain, leveraging its co-chain architecture to unite the speed and scalability of the Cosmos SDK with the developer flexibility of Ethereum. It employs the Tendermint consensus mechanism for secure and efficient block validation. With EVM (Ethereum Virtual Machine) compatibility and Chainlink oracles, it ensures accurate data feeds, providing robust lending and borrowing services across multiple crypto assets.
What are the potential use cases for Kava Lend?
Potential use cases for Kava Lend include:
- Lending and Borrowing: Users can earn interest by supplying assets to the protocol or use their assets as collateral to borrow other crypto assets.
- Governance: The HARD token allows users to participate in governance, influencing decisions on asset offerings, rewards, and fees.
- Cross-Chain Money Market: It serves as a primary cross-chain money market in the Cosmos ecosystem, facilitating diverse asset support.
- Integration with Real-World Assets (RWAs): Kava Lend v2 enables the use of RWAs, enriching DeFi with traditional finance elements.
What is the history of Kava Lend?
Kava Lend was developed by Kava Labs, founded in 2018 by Ruaridh O'Donnell, Brian Kerr, and Scott Stuart. Initially launched as HARD Protocol in October 2020, it underwent significant milestones like the Binance Launchpool partnership and rebranding to Kava Lend in August 2021. Over time, it introduced version upgrades, such as Version 2 with borrow functionality and raised cross-chain capabilities by leveraging Cosmos IBC, establishing itself as a leading DeFi platform within the Cosmos ecosystem.
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Frequently Asked Questions (FAQs)
What is the current price of Kava Lend (HARD)?
The Kava Lend price is $0.23521337 AUD, representing a +2.92% from the day prior.
Where is the best place to buy Kava Lend (HARD) in Australia?
The best place to buy Kava Lend (HARD) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Kava Lend (HARD) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Kava Lend (HARD)?
The trading volume of Kava Lend (HARD) is $3.9M AUD in the last 24hrs, representing a +2.92% from the day prior.
How can I buy Kava Lend (HARD)?
Kava Lend (HARD) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Kava Lend (HARD)?
The current market cap of Kava Lend (HARD) is $31.5M AUD.
Can I convert Kava Lend (HARD) to cash?
Yes - With Coinstash you can convert your Kava Lend (HARD) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Kava Lend (HARD) are there?
The current circulating supply of Kava Lend (HARD) is 134.8M.
Is Coinstash a safe place to buy Kava Lend (HARD) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Kava Lend (HARD) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.