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KAVA $0.0682 up 0.26% Market cap $73.9M

Addition of Multichain USDC,wBTC,USDT to Kava Lend

Proposal #136 on Kava

Overview

Updated

Passed

Voting ended
Apr 25, 2023
Opened Apr 18, 2023
Submitted
Apr 18, 2023
Apr 18, 16:55 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 63.9M KAVA
  • No 2.1K KAVA
  • No with veto 0 KAVA
  • Abstain 2.7M KAVA

Description

Adds Multichain USDC,wBTC, USDT into the Kava Lend module via the Cosmos co-chain with the support of the Multichain Bridge, plus small portions of incentives from other supported assets on Kava Lend will be redirected toward these assets. By voting yes, you agree with adding Multichain USDC, wBTC, USDT into the Cosmos co-chain and Kava Lend module and adding incentives to the assets in Kava Lend. By voting no, you disagree with adding Multichain USDC, wBTC, USDT into the Cosmos co-chain and Kava Lend module and adding incentives to the assets in Kava Lend.

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": "Addition of Multichain USDC,wBTC,USDT to Kava Lend",
            "changes": [
                {
                    "key": "HardSupplyRewardPeriods",
                    "value": "[{\"active\":true,\"collateral_type\":\"usdx\",\"start\":\"2022-11-11T15:00:00Z\",\"end\":\"2024-10-16T14:00:00Z\",\"rewards_per_second… (2,029 characters)",
                    "subspace": "incentive"
                },
                {
                    "key": "MoneyMarkets",
                    "value": "[{\"denom\":\"btcb\",\"borrow_limit\":{\"has_max_limit\":true,\"maximum_limit\":\"1000000000.000000000000000000\",\"loan_to_value\":\"0… (6,234 characters)",
                    "subspace": "hard"
                }
            ],
            "description": "Adds Multichain USDC,wBTC, USDT into the Kava Lend module via the Cosmos co-chain with the support of the Multichain Bridge, plus small portions of incentives from other supported assets on Kava Lend will be redirected toward these assets. By voting yes, you agree with adding Multichain USDC, wBTC, USDT into the Cosmos co-chain and Kava Lend module and adding incentives to the assets in Kava Lend. By voting no, you disagree with adding Multichain USDC, wBTC, USDT into the Cosmos co-chain and Kava Lend module and adding incentives to the assets in Kava Lend."
        },
        "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.