TI Rating Report - HARD Protocol
HARD Protocol is a decentralized money market built on Kava. It leverages Kava’s existing validators for security and bridges for cross-chain asset transfer. HARD Protocol aims to provide the platform to lend, borrow, and earn with a wide variety of assets including BTC, XRP, BNB, BUSD, KAVA, USDX, and others. The HARD token is the native governance token of the platform. The core function of the token is governance voting. HARD holders are responsible for managing key parameters of the protocol. From the public information, the project development of HARD Protocol has been fully supported by the Kava project team in technology and operation.