Skip to main content

KAVA $0.06822 0.31% Market cap $73.9M

Add USDX incentives for HBTC, update BTCB incentives

Proposal #38 on Kava

Kava network: Day Nov 3 · Healthy

Typical fee 0.005 KAVA

Overview

Updated

Passed

Voting ended
Mar 16, 2021
Opened Mar 9, 2021
Submitted
Mar 9, 2021
Mar 9, 01:08 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 34.8M KAVA
  • No 3.64K KAVA
  • No with veto 0 KAVA
  • Abstain 0 KAVA

Description

This proposal will add hbtc-a incentives for USDX minters. Proposed ukava-a incentives will equal 48,000 KAVA per week. Updates btcb-a incentives to 67,000 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": "Add USDX incentives for HBTC, update BTCB incentives",
        "changes": [
            {
                "key": "Rewards",
                "value": "[{\"active\":true,\"collateral_type\":\"bnb-a\",\"available_rewards\":{\"denom\":\"ukava\",\"amount\":\"74000000000\"},\"duration\":\"60480… (2,311 characters)",
                "subspace": "incentive"
            }
        ],
        "description": "This proposal will add hbtc-a incentives for USDX minters. Proposed ukava-a incentives will equal 48,000 KAVA per week. Updates btcb-a incentives to 67,000 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.