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KAVA $0.06784 0.56% Market cap $73.5M

Decrease APYs for CDPS from 5% to 2.5%

Proposal #51 on Kava

Kava network: Day Nov 4 · Healthy

Typical fee 0.005 KAVA

Overview

Updated

Passed

Voting ended
Jul 7, 2021
Opened Jun 30, 2021
Submitted
Jun 30, 2021
Jun 30, 18:52 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 40.4M KAVA
  • No 82.7K KAVA
  • No with veto 0 KAVA
  • Abstain 147 KAVA

Description

This proposal decreases the APY for BUSD-A, BTCB-A, and XRPB-A, UKAVA-A, HARD-A cdps from 5% to 2.5%

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": "Decrease APYs for CDPS from 5% to 2.5%",
        "changes": [
            {
                "key": "CollateralParams",
                "value": "[{\"denom\":\"bnb\",\"type\":\"bnb-a\",\"liquidation_ratio\":\"1.500000000000000000\",\"debt_limit\":{\"denom\":\"usdx\",\"amount\":\"6000000… (3,505 characters)",
                "subspace": "cdp"
            }
        ],
        "description": "This proposal decreases the APY for BUSD-A, BTCB-A, and XRPB-A, UKAVA-A, HARD-A cdps from 5% to 2.5%"
    },
    "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.