Kava Swap

Description: Kava started as a DeFi application and has since grown into a financial application building environment. Kava has connected the Ethereum and Cosmos chains together for a DeFi ecosystem in addition to integrations with Binance and BTC. Kava was the first real lending/borrowing in the Cosmos ecosystem besides the Luna Terra ecosystem. They also have the semi-collateralized CDP stable coin USDX that has had a history of not really maintaiting the peg and currently trading at 16% off peg at the time of writing this. Kava is also incredibly centralized where 2 validators control about 37% of voting power and the top 4 validators have over 54% of the voting power.

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