# Kava Network > Leading The World To Web3 Kava is a decentralized blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum. Kava Network is a Layer-1 blockchain that merges Cosmos’ Tendermint-based performance with Ethereum’s EVM, allowing builders to deploy smart contracts and move assets between both ecosystems. The network relies on the KAVA token for staking, governance, and validator rewards, and offers on-chain incentive programs to attract decentralized applications. - Type: Network - Sector: Blockchain Platforms - Status: Active - Founded: 2018-08-01 - Profile: https://thegrid.id/profiles/kava_network ## Products - [Kava Network](https://thegrid.id/profiles/kava_network): Kava Network is a Layer-1 blockchain that combines a Cosmos SDK chain and an EVM-compatible Ethereum Co-Chain so developers can deploy smart-contract applications that access both Cosmos IBC assets and Ethereum tooling. (L1, Live, Main Product) - [Kava Mint](https://thegrid.id/profiles/kava_network): Kava Mint is a collateralized-debt-position protocol on the Kava Network that lets users deposit supported crypto assets and borrow the USDX stablecoin against their collateral. (Decentralised Borrowing & Lending, Live) - [Kava Lend](https://thegrid.id/profiles/kava_network): Kava Lend is a decentralized money market on Kava that supports supplying, borrowing, and earning interest on cross-chain assets deposited into pooled liquidity markets. (Decentralised Borrowing & Lending, Live) - [Kava Swap](https://thegrid.id/profiles/kava_network): Kava Swap is an automated-market-maker DEX running on Kava that lets users swap tokens and provide liquidity to earn rewards. (Decentralised Exchange, Live) - [Kava Earn](https://thegrid.id/profiles/kava_network): Kava Earn is a yield optimizer that automates high-yield strategies for popular EVM tokens bridged to the Kava Network, letting users deposit assets and earn compounded rewards across integrated Kava protocols. (Yield Aggregator, Live) - [Kava Rise](https://thegrid.id/profiles/kava_network): Kava Rise is an on-chain developer incentive program that distributes monthly KAVA rewards to protocols deployed on Kava based on their time-weighted TVL, functioning as a grant platform to attract and retain builders. (Grants Platform, Live) ## Assets - [SWP (SWP)](https://thegrid.id/profiles/kava_network): SWP is the governance token of Kava Swap, an automated market maker protocol on the Kava Network. It is used to vote on parameter changes to the Swap application and changes to liquidity provider rewards for Swap pools. Liquidity providers earn SWP tokens ratably based on their pool shares, incentivizing users to supply capital to trading pools. (Governance) - [HARD (HARD)](https://thegrid.id/profiles/kava_network): HARD is the governance token of Kava Lend, a decentralized money market on the Kava blockchain. It is used for platform governance voting and as a reward for lenders and borrowers. Holders manage key parameters of the protocol like what assets are offered, reward distribution, and platform fees. (Governance) - [USDX (USDX)](https://thegrid.id/profiles/kava_network): USDX is a USD-pegged stablecoin issued on the Kava Network. It is borrowed through Kava Mint, a decentralized CDP protocol that allows users to borrow USDX using cryptocurrency assets as collateral. The stablecoin maintains its peg through Collateralized Debt Positions, requiring over-collateralization to ensure stability and allowing liquidation if collateral value falls below required ratios. (Stablecoin) - [Kava (KAVA)](https://thegrid.id/profiles/kava_network): KAVA is the native token of Kava Network. It is used for staking to secure the network via proof of stake, paying transaction fees, and voting on governance proposals. KAVA also serves as collateral in Kava Mint, where holders can borrow the USDX stablecoin against their deposited assets. (Native) ## Links - [Main](https://www.kava.io) - [Documentation](https://docs.kava.io) - [Governance](https://www.mintscan.io/kava/proposals) - [Twitter / X](https://x.com/kava_chain) - [Reddit](https://www.reddit.com/r/kava_platform/?rdt=49962) - [Telegram](https://t.me/kavalabs) - [Discord](https://discord.com/invite/q6QuanE4bx) - [GitHub](https://github.com/kava-labs) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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