Skip to main content

KAVA $0.06827 0.70% Market cap $73.9M

Decrease BUSD-A CDP APY to 0%

Proposal #54 on Kava

Kava network: Day Nov 3 · Healthy

Typical fee 0.01 KAVA

Overview

Updated

Passed

Voting ended
Jul 23, 2021
Opened Jul 16, 2021
Submitted
Jul 16, 2021
Jul 16, 17:16 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 44.1M KAVA
  • No 10.6K KAVA
  • No with veto 0 KAVA
  • Abstain 16.4M KAVA

Description

This proposal decreases the APY for BUSD-A to 0%

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 BUSD-A CDP APY to 0%",
        "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 to 0%"
    },
    "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.