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KAVA $0.06852 0.42% Market cap $74.2M

SAFU Fund Payouts for May 19th Liquidations

Proposal #49 on Kava

Kava network: Day Nov 4 · Healthy

Typical fee 0.0098 KAVA

Overview

Updated

Passed

Voting ended
Jul 1, 2021
Opened Jun 24, 2021
Submitted
Jun 24, 2021
Jun 24, 13:25 UTC
Deposit
1,000 KAVA
Type
Community pool multi spend

Votes

  • Yes 39.2M KAVA
  • No 112K KAVA
  • No with veto 4.41K KAVA
  • Abstain 13.3M KAVA

Description

This proposal directs funds from the community SAFU funds to the accounts that were affected by liquidations on May 18 - 19, 2021. This proposal refunds the liquidation penalties paid by those accounts. The payouts are denominated in KAVA and use the 14 MA value of KAVA:USD

What it does

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

  1. Community pool multi spend kava.kavadist.v1beta1 
    {
    "@type": "/cosmos.gov.v1.MsgExecLegacyContent",
    "content": {
        "@type": "/kava.kavadist.v1beta1.CommunityPoolMultiSpendProposal",
        "title": "SAFU Fund Payouts for May 19th Liquidations",
        "description": "This proposal directs funds from the community SAFU funds to the accounts that were affected by liquidations on May 18 - 19, 2021. This proposal refunds the liquidation penalties paid by those accounts. The payouts are denominated in KAVA and use the 14 MA value of KAVA:USD",
        "recipient_list": [
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}

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.