# Kava Network > Leading the world to Web3 Kava Network is a Layer 1 blockchain that pairs two co-chains, one of them EVM-compatible. It lets developers deploy smart contracts that reach users and assets across both. Kava Network is a proof-of-stake Layer 1 blockchain with a co-chain design. One chain is Ethereum-compatible and the other is built for interchain use, with a translator module linking the two. Developers can build in either environment and still reach users and assets from both. Validators stake KAVA to secure the network and earn block rewards and a share of fees. Stakers and validators govern the network as the Kava DAO, setting parameters, treasury use, and how on-chain incentives are split between the two chains. A portion of KAVA emissions goes directly to protocols that drive usage. The Kava app adds DeFi applications on the network for lending, borrowing the USDX stablecoin against collateral, token swaps, and automated yield. Holders of their governance tokens vote on each application's parameters. It is used by developers, validators, stakers, and DeFi users. - 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 proof-of-stake Layer 1 blockchain that runs an EVM-compatible co-chain alongside a second co-chain. A translator module connects the two, so smart contracts can use assets and users from both. KAVA secures the network through staking, pays transaction fees, and is used to vote on governance. (L1, Live, Main Product) - [Kava Mint](https://thegrid.id/profiles/kava_network): Kava Mint is a collateralized debt position protocol on Kava Network that lets users borrow the USDX stablecoin against deposited crypto assets. Each position must stay over-collateralized, and positions that fall below the required ratio can be liquidated. Accepted collateral, collateral ratios, and fees are set by KAVA governance. (Decentralised Borrowing & Lending, Live) - [Kava Lend](https://thegrid.id/profiles/kava_network): Kava Lend is a decentralized money market on Kava Network where users supply assets to pooled markets to earn interest and borrow against their deposits. Lenders and borrowers also earn HARD, the market's governance token. HARD holders vote on which assets are offered, how rewards are distributed, and platform fees. (Decentralised Borrowing & Lending, Live) - [Kava Swap](https://thegrid.id/profiles/kava_network): Kava Swap is an automated market maker DEX on Kava Network that lets users swap tokens and provide liquidity to trading pools. Liquidity providers earn SWP rewards in proportion to their share of each pool. SWP holders vote on Swap parameters and on rewards for each pool. (Decentralised Exchange, Live) - [Kava Earn](https://thegrid.id/profiles/kava_network): Kava Earn is a yield aggregator on Kava Network that places users' deposits into automated strategies across Kava protocols. Rewards are compounded automatically, so users earn without managing positions themselves. It is built for EVM tokens bridged to the Kava Network. (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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