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KAVA $0.06817 up 0.22% Market cap $73.8M

Supply Funds into Kava Mint

Proposal #151 on Kava

Overview

Updated

Passed

Voting ended
Jul 22, 2023
Opened Jul 15, 2023
Submitted
Jul 15, 2023
Jul 15, 20:54 UTC
Deposit
1,000 KAVA
Type
Parameter change and 1 more

Votes

  • Yes 23.1M KAVA
  • No 1.76M KAVA
  • No with veto 345 KAVA
  • Abstain 27.3M KAVA

Description

Supply Funds into Kava Mint

Description

This proposal supplies ten million KAVA tokens to the Kava Mint protocol, a major step towards providing decentralized liquidity for the USDX token.

Vote Yes

By voting yes, you agree to allocate ten million KAVA tokens from the community pool to be supplied to Kava Mint.

Vote No

By voting no, you disagree with allocating ten million KAVA tokens from the community pool to be supplied to Kava Mint.

What it does

The messages 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": "Supply Funds into Kava Mint",
            "changes": [
                {
                    "key": "CollateralParams",
                    "value": "[{\"denom\":\"bnb\",\"type\":\"bnb-a\",\"liquidation_ratio\":\"1.500000000000000000\",\"debt_limit\":{\"denom\":\"usdx\",\"amount\":\"5000000… (3,829 characters)",
                    "subspace": "cdp"
                }
            ],
            "description": "# Supply Funds into Kava Mint\n\n# Description\nThis proposal supplies ten million KAVA tokens to the Kava Mint protocol, a major step towards providing decentralized liquidity for the USDX token.\n\n# Vote Yes\nBy voting yes, you agree to allocate ten million KAVA tokens from the community pool to be supplied to Kava Mint.\n\n# Vote No\nBy voting no, you disagree with allocating ten million KAVA tokens from the community pool to be supplied to Kava Mint.\n"
        },
        "authority": "kava10d07y265gmmuvt4z0w9aw880jnsr700jxh8cq5"
    }
  2. Authorized create c d p cosmos.authz.v1beta1
    {
        "msgs": [
            {
                "@type": "/kava.cdp.v1beta1.MsgCreateCDP",
                "sender": "kava17d2wax0zhjrrecvaszuyxdf5wcu5a0p4qlx3t5",
                "principal": {
                    "denom": "usdx",
                    "amount": "100000000000"
                },
                "collateral": {
                    "denom": "ukava",
                    "amount": "10000000000000"
                },
                "collateral_type": "ukava-a"
            }
        ],
        "@type": "/cosmos.authz.v1beta1.MsgExec",
        "grantee": "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.