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KAVA $0.06827 up 0.70% Market cap $73.9M

Adds BNB earn vault and adjusts incentives.

Proposal #111 on Kava

Overview

Updated

Passed

Voting ended
Nov 24, 2022
Opened Nov 17, 2022
Submitted
Nov 17, 2022
Nov 17, 22:10 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 53.1M KAVA
  • No 24.1K KAVA
  • No with veto 112 KAVA
  • Abstain 36.2K KAVA

Description

Adds BNB earn vault and adjusts incentives to remove DAI earn vault rewards pending bug fix. Fixes typo in Kava lend incentives for xrpb incentives

What it does

The message the chain carries out if it passes, as written in the proposal.

  1. Parameter change cosmos.params.v1beta1
    {
        "@type": "/cosmos.gov.v1.MsgExecLegacyContent",
        "content": {
            "@type": "/cosmos.params.v1beta1.ParameterChangeProposal",
            "title": "Adds BNB earn vault and adjusts incentives.",
            "changes": [
                {
                    "key": "EarnRewardPeriods",
                    "value": "[{\"active\":true,\"collateral_type\":\"bkava\",\"start\":\"2022-10-26T15:00:00Z\",\"end\":\"2024-10-26T15:00:00Z\",\"rewards_per_second\":[{\"denom\":\"ukava\",\"amount\":\"190258\"}]},{\"active\":true,\"collateral_type\":\"erc20/multichain/usdc\",\"start\":\"2022-10-26T15:00:00Z\",\"end\":\"2024-10-26T15:00:00Z\",\"rewards_per_second\":[{\"denom\":\"ukava\",\"amount\":\"5505\"}]},{\"active\":true,\"collateral_type\":\"erc20/multichain/usdt\",\"start\":\"2022-11-11T15:00:00Z\",\"end\":\"2024-11-11T15:00:00Z\",\"rewards_per_second\":[{\"denom\":\"ukava\",\"amount\":\"5505\"}]}]",
                    "subspace": "incentive"
                },
                {
                    "key": "HardSupplyRewardPeriods",
                    "value": "[{\"active\":true,\"collateral_type\":\"usdx\",\"start\":\"2022-11-11T15:00:00Z\",\"end\":\"2024-10-16T14:00:00Z\",\"rewards_per_second… (1,330 characters)",
                    "subspace": "incentive"
                },
                {
                    "key": "SupportedDenoms",
                    "value": "[\"ukava\",\"bkava\", \"bnb\", \"erc20/multichain/usdc\", \"erc20/multichain/usdt\", \"erc20/multichain/dai\"]",
                    "subspace": "savings"
                },
                {
                    "key": "AllowedVaults",
                    "value": "[{\"denom\":\"ukava\",\"strategies\":[2],\"is_private_vault\":true,\"allowed_depositors\":[\"kava1g655pg22nnhcsku4v3pe7mz9tzqj37rlej0jmn\"]},{\"denom\":\"usdx\",\"strategies\":[1],\"is_private_vault\":false,\"allowed_depositors\":[]},{\"denom\":\"bkava\",\"strategies\":[2],\"is_private_vault\":false,\"allowed_depositors\":[]},{\"denom\":\"erc20/multichain/usdc\",\"strategies\":[2],\"is_private_vault\":false,\"allowed_depositors\":[]},{\"denom\":\"erc20/multichain/usdt\",\"strategies\":[2],\"is_private_vault\":false,\"allowed_depositors\":[]},{\"denom\":\"erc20/multichain/dai\",\"strategies\":[2],\"is_private_vault\":false,\"allowed_depositors\":[]},{\"denom\":\"bnb\",\"strategies\":[2],\"is_private_vault\":false,\"allowed_depositors\":[]}]",
                    "subspace": "earn"
                }
            ],
            "description": "Adds BNB earn vault and adjusts incentives to remove DAI earn vault rewards pending bug fix. Fixes typo in Kava lend incentives  for xrpb incentives"
        },
        "authority": "kava10d07y265gmmuvt4z0w9aw880jnsr700jxh8cq5"
    }

How validators voted

A validator's vote counts for its delegators unless they vote themselves. Largest stake first.

Voting ended before BitBasic started recording Kava votes on Oct 29, 2026, and the chain deletes votes when voting ends.