Kava Lend (HARD) is the native utility token of the Hard Protocol ecosystem. It’s a governance token, allowing holders to influence the platform’s direction. It’s also used for transaction fees and potentially for staking within the Hard Protocol system. Hard Protocol is a decentralized finance (DeFi) platform offering blockchain-based financial services, including lending, borrowing, and earning on digital assets. HARD token holders can introduce, discuss, and vote on platform changes. Users might stake their HARD tokens to receive rewards and use HARD as a medium for transaction fee payments. Certain services might require HARD tokens as collateral.
