Kava LendHARD
$0.144
Market/Exchange
HARD Price Prediction and Price Movement
HARD has been down 15.55 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that HARD's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if HARD is backed by a solid development team and whether HARD's technology has any potential to grow.
Please note that this analysis is purely base on HARD's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Kava Lend Price Chart
About Kava Lend
What Is Kava Lend?
Kava Lend is a decentralized money market built on the Kava Platform that enables the lending and borrowing of cross-chain assets. Kava Lend supports supply-side deposits for BTC, XRP, BNB, BUSD, and USDX. The platform will allow overcollateralized borrowing for supported assets.
The HARD Token
The HARD token is the native governance token of Kava Lend. All HARD tokens distributed as rewards are locked by a smart contract. Users that claim HARD tokens with longer vesting schedules will receive more tokens. The exact options for token redemptions are subject to governance voting.
The HARD token has the following use cases:
- Liquidity mining rewards: the HARD token is awarded to users who deposit and/or borrow supported assets.
- Governance voting: HARD token holders can participate in the evolution of Kava Lend through governance voting and earn HARD rewards in the process.