Review on Kava by Praise Olagbadun
Kava, A Platfrom That Supports Users With Loans
Kava is a platform that is designated to offer centralized loans to users based on the variety of different cryptocurrencies. The platform aids or supports traders especially those new to the market as some traders are interested in participating in the world of cryptocurrencies but are unable due to lack of funds. Kava has been established to solve this problem. I think with this platform, there would be more traders coming into the online world and it will also breed seriousness in them as they would be concerned about paying the bill on time and if these are done, the crypto world would gradually get
The Kava platform is secured by more than a 100 validators and is built on tender mint census. I feel the security of this platform is necessary because without security of funds, traders who had depend on the loan can get
The platform supports Ethereum and ERC-20 tokens thereby diversifying
I really see this project as an innovative one and should be supported so as to grow the wide world of cryptocurrency
Pros
- Supports users with loans
- Supports Ethereum based tokens, ERC-20
- Highly secured
Cons
- New to the market
