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KAVA $0.0682 0.21% Market cap $73.8M

Deposit Funds into Kava Lend

Proposal #138 on Kava

Kava network: Day Nov 3 · Healthy

Typical fee 0.005 KAVA

Overview

Updated

Passed

Voting ended
May 10, 2023
Opened May 3, 2023
Submitted
May 3, 2023
May 3, 19:16 UTC
Deposit
1,000 KAVA
Type
Community pool lend deposit

Votes

  • Yes 64.7M KAVA
  • No 1.51M KAVA
  • No with veto 64.2 KAVA
  • Abstain 533K KAVA

Description

This proposal supplies fifteen million KAVA into the Lend money market, a major step towards providing decentralized liquidity for the KAVA token. By voting yes, you agree to allocate fifteen million KAVA tokens from the community pool to be deposited into Kava Lend. By voting no, you disagree with allocating fifteen million KAVA tokens from the community pool to be deposited into Kava Lend.

What it does

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

  1. Community pool lend deposit kava.community.v1beta1 
    {
    "@type": "/cosmos.gov.v1.MsgExecLegacyContent",
    "content": {
        "@type": "/kava.community.v1beta1.CommunityPoolLendDepositProposal",
        "title": "Deposit Funds into Kava Lend",
        "amount": [
            {
                "denom": "ukava",
                "amount": "15000000000000"
            }
        ],
        "description": "This proposal supplies fifteen million KAVA into the Lend money market, a major step towards providing decentralized liquidity for the KAVA token. By voting yes, you agree to allocate fifteen million KAVA tokens from the community pool to be deposited into Kava Lend. By voting no, you disagree with allocating fifteen million KAVA tokens from the community pool to be deposited into 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.