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KAVA $0.06853 up 0.59% Market cap $74.2M

Adjust HARD incentives for liquidity providers

Proposal #31 on Kava

Overview

Updated

Passed

Voting ended
Jan 15, 2021
Opened Jan 8, 2021
Submitted
Jan 8, 2021
Jan 8, 22:35 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 39.4M KAVA
  • No 26K KAVA
  • No with veto 8.06K KAVA
  • Abstain 14.2K KAVA

Description

Increase HARD incentives for USDX to 11.8M HARD annually. Reduce HARD incentives for HARD to 5M Hard annually. Increase HARD incentives for BTCB to 1.2M HARD annually. Reduce HARD incentives for KAVA delegators by 50%.

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": "Adjust HARD incentives for liquidity providers",
            "changes": [
                {
                    "key": "LPSchedules",
                    "value": "[{\"active\":true,\"deposit_denom\":\"usdx\",\"start\":\"2020-10-16T14:00:00Z\",\"end\":\"2024-10-16T14:00:00Z\",\"rewards_per_second\":… (2,453 characters)",
                    "subspace": "harvest"
                },
                {
                    "key": "DelegatorSchedule",
                    "value": "[{\"distribution_schedule\":{\"active\":true,\"deposit_denom\":\"ukava\",\"start\":\"2020-10-16T14:00:00Z\",\"end\":\"2024-10-16T14:00:00Z\",\"rewards_per_second\":{\"denom\":\"hard\",\"amount\":\"633761\"},\"claim_end\":\"2025-10-16T14:00:00Z\",\"claim_multipliers\":[{\"name\":\"small\",\"months_lockup\":\"1\",\"factor\":\"0.330000000000000000\"},{\"name\":\"large\",\"months_lockup\":\"12\",\"factor\":\"1.000000000000000000\"}]},\"distribution_frequency\":\"86400000000000\"}]",
                    "subspace": "harvest"
                }
            ],
            "description": "Increase HARD incentives for USDX to 11.8M HARD annually. Reduce HARD incentives for HARD to 5M Hard annually. Increase HARD incentives for BTCB to 1.2M HARD annually. Reduce HARD incentives for KAVA delegators by 50%."
        },
        "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.