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KAVA $0.06852 up 0.42% Market cap $74.2M

Remove Community Pool Funds From Earn Vault

Proposal #118 on Kava

Kava network: Day Nov 4 · Healthy

Typical fee 0.0098 KAVA

Overview

Updated

Passed

Voting ended
Dec 29, 2022
Opened Dec 22, 2022
Submitted
Dec 22, 2022
Dec 22, 18:25 UTC
Deposit
1,000 KAVA
Type
Community pool withdraw

Votes

  • Yes 49.5M KAVA
  • No 124K KAVA
  • No with veto 164 KAVA
  • Abstain 1.57M KAVA

Description

This proposal replaces 116, which failed to meet quorum. To preserve TVL opportunities for the Kava Community Pool, we are submitting a proposal to withdraw 25M KAVA community pool funds from the Kava earn vault. By voting yes, you agree to remove the Community Pool’s deposit from the Earn vault. By voting no, you disagree to remove the Community Pool’s deposit from the Earn vault, leaving the deposit as-is.

What it does

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

  1. Community pool withdraw kava.earn.v1beta1
    {
        "@type": "/cosmos.gov.v1.MsgExecLegacyContent",
        "content": {
            "@type": "/kava.earn.v1beta1.CommunityPoolWithdrawProposal",
            "title": "Remove Community Pool Funds From Earn Vault",
            "amount": {
                "denom": "ukava",
                "amount": "25000000000000"
            },
            "description": "This proposal replaces 116, which failed to meet quorum. To preserve TVL opportunities for the Kava Community Pool, we are submitting a proposal to withdraw 25M KAVA community pool funds from the Kava earn vault. By voting yes, you agree to remove the Community Pool’s deposit from the Earn vault. By voting no, you disagree to remove the Community Pool’s deposit from the Earn vault, leaving the deposit as-is."
        },
        "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.