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KAVA $0.06785 down 0.39% Market cap $73.5M

Deposit Additional Funds into Kava Mint

Proposal #158 on Kava

Overview

Updated

Passed

Voting ended
Aug 18, 2023
Opened Aug 11, 2023
Submitted
Aug 11, 2023
Aug 11, 17:49 UTC
Deposit
1,000 KAVA
Type
Parameter change and 1 more

Votes

  • Yes 28.7M KAVA
  • No 373K KAVA
  • No with veto 76.1 KAVA
  • Abstain 23.3M KAVA

Description

Description

This proposal deposits an additional 15 million KAVA tokens to the Kava Mint protocol.

Vote Yes

By voting yes, you agree to allocate 15 million KAVA tokens from the community pool to be supplied to Kava Mint.

Vote No

By voting no, you disagree with allocating 15 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": "Deposit Additional Funds into Kava Mint",
            "changes": [
                {
                    "key": "CollateralParams",
                    "value": "[{\"denom\":\"bnb\",\"type\":\"bnb-a\",\"liquidation_ratio\":\"1.500000000000000000\",\"debt_limit\":{\"denom\":\"usdx\",\"amount\":\"5000000… (4,270 characters)",
                    "subspace": "cdp"
                }
            ],
            "description": "# Description\n\nThis proposal deposits an additional 15 million KAVA tokens to the Kava Mint protocol.\n\n## Vote Yes\nBy voting yes, you agree to allocate 15 million KAVA tokens from the community pool to be supplied to Kava Mint.\n\n## Vote No\nBy voting no, you disagree with allocating 15 million KAVA tokens from the community pool to be supplied to Kava Mint."
        },
        "authority": "kava10d07y265gmmuvt4z0w9aw880jnsr700jxh8cq5"
    }
  2. Authorized deposit and 1 more cosmos.authz.v1beta1
    {
        "msgs": [
            {
                "@type": "/kava.cdp.v1beta1.MsgDeposit",
                "owner": "kava17d2wax0zhjrrecvaszuyxdf5wcu5a0p4qlx3t5",
                "depositor": "kava17d2wax0zhjrrecvaszuyxdf5wcu5a0p4qlx3t5",
                "collateral": {
                    "denom": "ukava",
                    "amount": "15000000000000"
                },
                "collateral_type": "ukava-a"
            },
            {
                "@type": "/kava.cdp.v1beta1.MsgDrawDebt",
                "sender": "kava17d2wax0zhjrrecvaszuyxdf5wcu5a0p4qlx3t5",
                "principal": {
                    "denom": "usdx",
                    "amount": "25000000000"
                },
                "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.