The Problem Beyond the Ethereum platform there are currently very few platforms and projects that can offer DeFi services. One of the few is KAVA. KAVA is a platform that has a native token, which launched in 2019 as IEO on Binance. A problem, which is currently omnipresent in the DeFi space, is the limitation of lending crypto currencies, which primarily have nothing to do with Ethereum. Maker, a protocol on the Ethereum blockchain, for example, only allows the borrowing and lending of Ether or ERC20 tokens. Critics claim that this would harm the DeFi area, as those services are limited to only one blockchain, which is contradicting to the very meaning of Decentralized Finance.
KAVA – See you on the moon!
KAVA – See you on the moon!
KAVA – See you on the moon!
The Problem Beyond the Ethereum platform there are currently very few platforms and projects that can offer DeFi services. One of the few is KAVA. KAVA is a platform that has a native token, which launched in 2019 as IEO on Binance. A problem, which is currently omnipresent in the DeFi space, is the limitation of lending crypto currencies, which primarily have nothing to do with Ethereum. Maker, a protocol on the Ethereum blockchain, for example, only allows the borrowing and lending of Ether or ERC20 tokens. Critics claim that this would harm the DeFi area, as those services are limited to only one blockchain, which is contradicting to the very meaning of Decentralized Finance.