Kava Labs AMA Summary with Decentralized Club ✔️

✔️Introduction with Kava Labs :👉

Trader(BILLY):
Q1. Can you introduce yourself and for those who are living inside a cave illuminate what is KAVA about?

Trader(BILLY):
Q2. As me moved into 2020, what is Kava planning to achieve in Q1 this year?

Q3. Can you explain a bit regarding USDX and CDP and how it affects KAVA?

Trader(BILLY):
Q4. Finally, how do you plan to protect the Assets value in case of a market crash ?

🐧Community ask Questions by Twitter ✔️

Trader(BILLY):
🐧Twitter Question No 1 :

Username @Iyanbgz1

Southeast Asia is a very vibrant market and most exchanges are competing campaigns here to entice users and grow,
with KAVA you see how Southeast Asia is and do you plan to develop & expanding here?

Trader(BILLY):
🐧Twitter Question No 2:

Username @Soner62998541

- Why does Kava choose USDX name but not USDY, USDM, ZUSD, ….? Does it have any special meaning?

- What is the difference between USDX and other stablecoins like: USDT, TUSD, USDC, …?

✍️ Telegram live Questions answered by Kava Labs : ✔️

binance trustbison2.crypto loyalist:❓⏩

How does the LEVERAGE WORK? I READ THAT AM ABLE TO Leverage assets with Kava’s cross-chain CDP PLATFORM, PLEASE EXPLAIN ABOUT THE CROSS CHAIN CDP PLATFORM

Mission:❓⏩
How secure my tokens are if I use them as collateral in KAVA? Is there any safe system like stop loss or any such implementation to avoid loss?

Sergey :❓⏩

Does the KAVA team plan to work with governments of friendly jurisdictions and invest in banking licenses? As the industry grows, entering new markets?

Given that unlike the same single-collateral MakerDAO, KAVA will be a multi-collateral CDP system. In this regard, the following question.Does KAVA have a clear risk management model or strategy and how decentralized is / will it be?

What do you expect after the launch of Kava CDP and from 2020 as a whole in relation to the project in the long term? USDX is currently a little-known stable coin. Do you plan to add it to the top exchanges with good liquidity ?

Gue Siapa:❓⏩
1. As a developer, which program languages can i use in kava core smart contracts ?

2. How secure your fully on-chain liquidity protocol & What’s is a core Smart Contract ?can you briefly explain.

ADS MAVI:❓⏩
Case 1: Between $300K and $1.2M Tokens Stolen on IOTA network and then IOTA team STOPPED the network.
Case 2: DeFi lending protocol bZx has just been exploited and then bZx team PAUSED the CONTRACT.

Considering these cases,

Does blockchain/DeFi really prevent CENTRALIZATION ?

Really offer DE-CENTRALIZATION ?

Nagan Prosky:❓⏩
Will KAVA have APIs and other tools to integrate with other platforms?

Srintiel:❓⏩
Btw, KAVA is a bit unique because it use Cosmos/Tendermint. While other DeFi use Ethereum , why you. guys choose Cosmos?

Hoso:❓⏩
You organized an AMA session very rewarding and received a lot of questions related to utilities and technology, future vision, …
So now I want to ask what do you want to receive from the community?

Red Queenᴺᵉᵏᵒᶠⁱᵉᵈ✔️Verified🇮🇩:❓⏩
Q1. Why do you want to develop KAVA in Southeast Asia ?? what is the reason, aren’t these countries developing countries.

Kambing:❓⏩
Hi @a1choi
How KAVA will maintain the stability against market fluctuations and compete with other Stablecoins such as DAI, EURS , USDT ?

Erven James Sato:❓⏩
What is the IMPORTANCE of BNB, ATOM, XRP,and BTC to KAVA?

✔️Thanks to all of our Community Fans✔️

Have a Great Day🍁

Edited by : 🌿DK✍️

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