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KAVA $0.06811 0.17% Market cap $73.8M

BNB Earn Surge

Proposal #119 on Kava

Kava network: Day Nov 4 · Healthy

Typical fee 0.005 KAVA

Overview

Updated

Passed

Voting ended
Dec 29, 2022
Opened Dec 22, 2022
Submitted
Dec 22, 2022
Dec 22, 22:18 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 53.9M KAVA
  • No 17.4K KAVA
  • No with veto 0 KAVA
  • Abstain 861 KAVA

Description

In celebration of the holidays, we are proposing a BNB Earn Surge campaign for users who supply BNB to the Earn vault. This proposal will allow users to earn KAVA rewards if they supply BNB to the Earn vault. The reward rate for the BNB Earn vault is set to 172,641 KAVA per year.

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": "BNB Earn Surge",
        "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\":\"31891\"}]},{\"active\":true,\"collateral_type\":\"bnb\",\"start\":\"2022-12-29T23:00:00Z\",\"end\":\"2024-12-29T23:00:00Z\",\"rewards_per_second\":[{\"denom\":\"ukava\",\"amount\":\"5505\"}]},{\"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"
            }
        ],
        "description": "In celebration of the holidays, we are proposing a BNB Earn Surge campaign for users who supply BNB to the Earn vault. This proposal will allow users to earn KAVA rewards if they supply BNB to the Earn vault. The reward rate for the BNB Earn vault is set to 172,641 KAVA per year."
    },
    "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.