NULLKava Labs is focused on democratizing financial services and making them openly accessible to anyone, anywhere in the world. Built on the Cosmos blockchain, Kava makes use of a collateralized debt position (CDP) system to ensure stablecoin loans are always sufficiently collateralized. If a borrower fails to maintain their collateral above a required threshold, the Kava liquidator module will seize collateral from failing CDPs and send it to the auction module for sale.

Website: https://www.kava.io/

Sector(s):

Financial

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