# KAVA(Kava) * Issue Time 2020-03-13 * Total Supply 394,963,111 KAVA * Circulation 394,966,193 KAVA * White paper * Website * Block Explorer Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. Kava utilizes Cosmos and operates with a Tendermint-based Proof-of-Stake (PoS) consensus mechanism. At its core, Kava relies on a system similar to MakerDAO with CDPs but leverages the zones from Cosmos to add cryptocurrencies running on independent networks (e.g., XRP, Bitcoin). Kava relies on two main tokens: KAVA and USDX (Kava's stablecoin). Besides its stablecoin USDX, Kava features a governance token, KAVA, that is further staked in bonding curves of network validators. It is also used when Kava acts as a lender of last resort. The platform has three primary use-cases: Users can draw USDX, Kava's stablecoin, by locking collateral in a smart contract. They may stake USDX for a yield. Users may take out a series of collateralized loans to create synthetic leverage for any supported crypto asset. For instance, it is possible to lock XRP and mint USDX to buy XRP, hence creating a leveraged long position on XRP. {% hint style="info" %} Trade on ZKE Exchange：; Twitter： Telegram： {% endhint %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://help.zke.com/symbol/kava-kava.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.