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KAVA $0.06827 0.70% Market cap $73.9M

BNB Collateral and USDX Minting Rewards

Proposal #4 on Kava

Kava network: Day Nov 3 · Healthy

Typical fee 0.01 KAVA

Overview

Updated

Passed

Voting ended
May 30, 2020
Opened May 16, 2020
Submitted
May 12, 2020
May 12, 23:55 UTC
Deposit
1,100 KAVA
Type
Text proposal

Votes

  • Yes 52.4M KAVA
  • No 0 KAVA
  • No with veto 0 KAVA
  • Abstain 0 KAVA

Description

A proposal to add BNB as collateral to Kava platform and add USDX minting rewards for BNB. See full proposal at https://ipfs.io/ipfs/QmVvsiW73Dwt3Z6N4oKqxs4iRd5V7Hb3JVBNbD7tJQCMn3/bnb-collateral-addition.pdf

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": "BNB Collateral and USDX Minting Rewards",
        "description": "A proposal to add BNB as collateral to Kava platform and add USDX minting rewards for BNB. See full proposal at https://ipfs.io/ipfs/QmVvsiW73Dwt3Z6N4oKqxs4iRd5V7Hb3JVBNbD7tJQCMn3/bnb-collateral-addition.pdf"
    },
    "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.