A powerful tool was created to connect all the blockchains. Its name? The Inter-Blockchain Communication Protocol (IBC). It gave its users the power to move untold wealth at warp speed across space and time. Thanks to its power, the cosmos prospered. But, one thing was missing: loans.
The citizens of the cosmos amassed vast hoards of tokens, but had no way to use them as collateral to earn even greater yields. That is, until now. Kava, a blockchain with powerful lending capabilities, is preparing to connect with the IBC.
It is a pivotal moment for both Kava and the “IBC Gang”, as the consortium of blockchains had come to be known. But, turning on the IBC is not without its risks. The citizens of Kava, known for their dedication to rigorous security, put out a call for brave explorers to help them test their integration before opening the floodgates to the cosmos. A hefty bounty was offered and thus, The Loan Wars began.