Virgo Wallet

Your wallet for Kava

Explore the distinctive benefits of the Kava wallet, an innovative decentralized finance (DeFi) project built on the famous Cosmos blockchain. It allows users to block their crypto and loan USDX, a stablecoin attached to the US dollar.

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What Is Kava (KAVA)?

Kava is considered an emerging decentralized finance (challenge) project. While the Ethereum development team is promoting Ethereum as a more comprehensive platform that hosts most challenge applications, Kava has chosen to build on another well-known blockchain, Cosmos.

Kava allows users to lock cryptocurrencies into smart contracts based on Cosmos to borrow assets in the form of USDX, a US dollar-backed cryptocurrency. Kava takes advantage of the partitioning feature of Cosmos to manage supported crypto assets, which are operated via programs on different networks. This approach allows Kava to support a wide variety of assets, including XRP, BNB and BTC.

By staking tokens, users can strike USDX and receive weekly rewards in KAVA tokens, which are the native cryptocurrency of Kava. The type of guarantee and amount of USDX mined determine the total rewards in KAVA tokens that a user can earn. For example, BNB users can participate in a weekly distribution of 74,000 KAVA tokens issued by the platform.

What Makes Kava Unique?

Kava allows users to borrow USDX by locking assets into specialized smart contracts. When borrowing USDX, the backend creates a contract called a collateralized debt position (CDP) to ensure that the value of the USDX remains tied to the US dollar.
Seamless interoperability
Optimized scalability
Rapid growth of the ecosystem
Virgo Wallet Features

Kava Swaps

Exchange cryptocurrencies on the Kava blockchain easily and securely directly from Virgo Wallet. Thanks to this feature, you can exchange digital currencies without needing to access a third-party exchange platform.

Get started with Kava in 3 simple steps

It only takes a few minutes.

01

Download Virgo Wallet

Virgo Wallet is available for web extensions (Google Chrome, Firefox) and for android (Google Store).

02

Create or import a new wallet

Open the wallet from your device. Create a new wallet, or access an existing one using your memory phrase.

03

Get some KAVA

Exchange, send, receive, earn or buy (coming soon) KAVA without leaving your Virgo Wallet.
Download Mobile App
Download Extension
Virgo Wallet Features

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Frequently asked questions

Everything you need to know about your Kava Wallet.
What is Kava ?
Kava is considered an emerging decentralized finance (challenge) project. While the Ethereum development team is promoting Ethereum as a more comprehensive platform that hosts most challenge applications, Kava has chosen to build on another well-known blockchain, Cosmos.
When was Kava Created?
Kava Labs, the organization behind Kava, is a for-profit foundation founded in 2018.
Who made Kava?
By Ruaridh O'Donnell, Brian Kerr and Scott Stuart. Scott Stuart, a former professional poker player and serial entrepreneur, served as Kava Labs' Product Manager from 2017 to 2021 before succeeding Brian Kerr as CEO of Kava Labs. Prior to his position as CEO, Brian Kerr served as an advisor for various digital asset companies including Snowball and DMarket.
What's the Price of KAVA?
You can consistently check the asset's price and access its price chart within the wallet application.

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