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KAVA $0.06817 up 0.22% Market cap $73.8M

WAGMI<>wKAVA LP Authorization

Proposal #175 on Kava

Overview

Updated

Passed

Voting ended
Mar 11, 2024
Opened Mar 4, 2024
Submitted
Mar 4, 2024
Mar 4, 23:11 UTC
Deposit
1,000 KAVA
Type
Text proposal

Votes

  • Yes 56.9M KAVA
  • No 159K KAVA
  • No with veto 2.08K KAVA
  • Abstain 11.9M KAVA

Description

Description

This proposal requests to grant the WAGMI leverage product (launching on the KAVA EVM) access to the WAGMI-wKAVA LP position created on the Kinetix DEX, as described in proposal 172, by approving access via the multi-sig wallet 0x7D5CEA2e5fBDFecca8CcfbFe85AC021C817a7f38 that is acting as a delegate for the community.

By providing the WAGMI leverage product access to the WAGMI<>wKAVA liquidity position, the benefit for the community would be:

  1. Increased fee generation potential on the LP position
  2. More liquidity is available for the WAGMI leverage platform to utilize for a better user experience

Action: Grant the WAGMI leverage product access to Uniswap V3 Position NFT-V1 TokenID 511 via the multi-sig wallet 0x7D5CEA2e5fBDFecca8CcfbFe85AC021C817a7f38.

Vote Yes

By voting yes, you agree to the actions described in this proposal.

Vote No

By voting no, you disagree with the actions described in this proposal.

What it does

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

  1. Text proposal cosmos.gov.v1beta1
    {
        "@type": "/cosmos.gov.v1.MsgExecLegacyContent",
        "content": {
            "@type": "/cosmos.gov.v1beta1.TextProposal",
            "title": "WAGMI<>wKAVA LP Authorization",
            "description": "# Description\nThis proposal requests to grant the WAGMI leverage product (launching on the KAVA EVM) access to the WAGMI-wKAVA LP position created on the Kinetix DEX, as described in [proposal 172](https://www.mintscan.io/kava/proposals/172), by approving access via the multi-sig wallet 0x7D5CEA2e5fBDFecca8CcfbFe85AC021C817a7f38\nthat is acting as a delegate for the community. \n\nBy providing the WAGMI leverage product access to the WAGMI<>wKAVA liquidity position, the benefit for the community would be:\n\n1. Increased fee generation potential on the LP position\n2. More liquidity is available for the WAGMI leverage platform to utilize for a better user experience\n\nAction:\nGrant the WAGMI leverage product access to Uniswap V3 Position NFT-V1 TokenID 511 via the multi-sig wallet 0x7D5CEA2e5fBDFecca8CcfbFe85AC021C817a7f38.\n\n\n## Vote Yes\nBy voting yes, you agree to the actions described in this proposal.\n\n## Vote No\nBy voting no, you disagree with the actions described in this proposal."
        },
        "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.