Token Kava is currently at position 99 on coinmarketcap.com and has a fairly simple description on this famous site.
Kava is described as a decentralized platform that provides financial services. Kava’s main product is a DeFi lending platform for cryptocurrencies.
According to Binance.com, those who have part of their savings in KAVA currency can “staking” to obtain an annual interest of approx. 5 to 8%.
In the last 24 hours, KAVA traded on Binance.com worth of 925 BTC, the equivalent of 8.5 million USD. So, if you traded 1000 KAVA in the last 24 hours, you would have earned almost 500 USD.
IMPORTANT: My personal advice is to invest an amount of money that you can afford lose it, without affecting you too much financially!