Kava is a Layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.
Kava was built from the ground up to optimize its resources for protocol growth, strengthened by its Cosmos EVM technology that enables maximum scalability, speed, security, and developer support.
Builders on Kava earn a share of Kava Rise’s $750M developer incentive fund via the program’s blockchain-based distribution method, designed to reward the top protocols every month based on usage.
Kava is built on Cosmos, and uses a Tendermint-based proof-of-stake (POS) consensus mechanism to ensure the integrity of the network.
This uses a network of validator nodes for confirming transactions. These validator nodes must put up collateral to take up the duty of validating transactions. If validators misbehave or fail to meet rigorous minimum requirements, their stake will be penalized — thereby incentivizing validators to remain honest and efficient.
Kava holders can run a staking node to earn KAVA rewards directly from the protocol. However, only the top 100 Kava nodes (also known as validators) are eligible to receive these rewards. Beyond this, KAVA holders can stake their tokens on various compatible exchange platforms, like Binance, Kraken, Huobi Pool, and in wallets like Trust Wallet, Cosmostation Wallet, and Keplr.
Kava’s smart contracts have been audited by multiple independent blockchain and crypto security firms, including CertiK, B-Harvest and Quantstamp. To date, no vulnerabilities have been found.
