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KAVA $0.06784 down 0.56% Market cap $73.5M

Kava Horizon signaling proposal

Proposal #141 on Kava

Overview

Updated

Passed

Voting ended
May 19, 2023
Opened May 12, 2023
Submitted
May 12, 2023
May 12, 20:54 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 27.8M KAVA
  • No 6.64M KAVA
  • No with veto 9.67K KAVA
  • Abstain 30.6M KAVA

Description

This proposal implements the first phase of Kava Horizon, that all kava emissions (including POS rewards, Kava Rise rewards, and other various reward emissions) shall cease in perpetuity at Dec 31, 2023. Rewards accumulated to Kava Origin and the community pool will be the source of all future rewards (POS rewards, Kava Rise, etc). A future software upgrade proposal will implement the change in reward flows. The parameters in this proposal will set the reward schedule between now and Dec 31, 2023. See attached article for details https://medium.com/@Kava-Network/kava-evm-road-ahead-96b115031db4

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": "Kava Horizon signaling proposal",
            "changes": [
                {
                    "key": "InflationMax",
                    "value": "\"0.595000000000000000\"",
                    "subspace": "mint"
                },
                {
                    "key": "InflationMin",
                    "value": "\"0.595000000000000000\"",
                    "subspace": "mint"
                },
                {
                    "key": "InfrastructureParams",
                    "value": "{\"infrastructure_periods\":[{\"start\":\"2022-10-27T15:00:00Z\",\"end\":\"2026-10-27T15:00:00Z\",\"inflation\":\"1.00000001814869469… (2,273 characters)",
                    "subspace": "kavadist"
                }
            ],
            "description": "This proposal implements the first phase of Kava Horizon, that all kava emissions (including POS rewards, Kava Rise rewards, and other various reward emissions) shall cease in perpetuity at Dec 31, 2023. Rewards accumulated to Kava Origin and the community pool will be the source of all future rewards (POS rewards, Kava Rise, etc). A future software upgrade proposal will implement the change in reward flows. The parameters in this proposal will set the reward schedule between now and Dec 31, 2023. See attached article for details https://medium.com/@Kava-Network/kava-evm-road-ahead-96b115031db4"
        },
        "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.