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KAVA $0.06827 up 0.70% Market cap $73.9M

A USDX Incentives for BTC

Proposal #21 on Kava

Overview

Updated

Passed

Voting ended
Nov 16, 2020
Opened Nov 9, 2020
Submitted
Nov 9, 2020
Nov 9, 14:28 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 55.1M KAVA
  • No 39.1K KAVA
  • No with veto 0 KAVA
  • Abstain 27.9K KAVA

Description

This proposal will add btcb-a incentives for USDX minters. Proposed btcb-a incentives will equal 96,000 KAVA per week

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": "A USDX Incentives for BTC",
            "changes": [
                {
                    "key": "Rewards",
                    "value": "[{\"active\":true,\"collateral_type\":\"bnb-a\",\"available_rewards\":{\"denom\":\"ukava\",\"amount\":\"74000000000\"},\"duration\":\"604800000000000\",\"claim_multipliers\":[{\"name\":\"small\",\"months_lockup\":\"1\",\"factor\":\"0.250000000000000000\"},{\"name\":\"large\",\"months_lockup\":\"12\",\"factor\":\"1.000000000000000000\"}],\"claim_duration\":\"1209600000000000\"},{\"active\":true,\"collateral_type\":\"btcb-a\",\"available_rewards\":{\"denom\":\"ukava\",\"amount\":\"96000000000\"},\"duration\":\"604800000000000\",\"claim_multipliers\":[{\"name\":\"small\",\"months_lockup\":\"1\",\"factor\":\"0.250000000000000000\"},{\"name\":\"large\",\"months_lockup\":\"12\",\"factor\":\"1.000000000000000000\"}],\"claim_duration\":\"1209600000000000\"},{\"active\":true,\"collateral_type\":\"busd-a\",\"available_rewards\":{\"denom\":\"ukava\",\"amount\":\"74000000000\"},\"duration\":\"604800000000000\",\"claim_multipliers\":[{\"name\":\"small\",\"months_lockup\":\"1\",\"factor\":\"0.250000000000000000\"},{\"name\":\"large\",\"months_lockup\":\"12\",\"factor\":\"1.000000000000000000\"}],\"claim_duration\":\"1209600000000000\"}]",
                    "subspace": "incentive"
                }
            ],
            "description": "This proposal will add btcb-a incentives for USDX minters. Proposed btcb-a incentives will equal 96,000 KAVA per week"
        },
        "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.