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.