$2.21
1H
-2.76%$-0.0627
24H
-4.40%$-0.1016
7D
34.56%$0.5671
Kava describes itself as a decentralized financial services platform. Kava’s principle product is a DeFi lending platform for cryptocurrencies.
The rise of the DeFi sector has brought a lot of new projects to the attention of the crypto community, as DeFi aims to offer decentralized banking services, particularly targeting the unbanked and underbanked.
For those holding HARD, it is not just the governance of Hard protocol that is at stake. Controlling the economic makeup of Hard’s forecasted $3 billion valued platform and implementing a 1% fee policy could generate around $30 million to HARD holders.
Bitmax’s recent expansion to the DeFi landscape is an accurate representation of the prevailing trend of the centralized crypto exchange market.
Hard/BTC, Hard/BUSD, Hard/BNB, Hard/USDT trading pair will soon be opened after the token will be listed into the innovation zone on November 6, 2020, at 6 AM (UTC).
Although the Bitcoin blockchain lacks the infrastructural model to enable interoperability and power a DeFi landscape like Ethereum, the asset is increasingly being used to provide liquidity in the DeFi market.