Overview
UpdatedPassed
- Voting ended
- Nov 4, 2021
- Opened Oct 28, 2021
- Submitted
- Oct 28, 2021
- Oct 28, 16:08 UTC
- Deposit
- 1,000 KAVA
- Type
- Parameter change
Votes
- Yes 99.9% 40.5M KAVA
- No <0.1% 19.1K KAVA
- No with veto 0% 0 KAVA
- Abstain <0.1% 15.7K KAVA
Description
The purpose of this proposal is to add SWP token as a collateral type to Kava Mint. This provides additional use case and source of value for the SWP token as SWP token holders will now be able to mint USDX and participate in more investing / trading strategies. Parameter changes include: Borrow APY: 5%. Liquidation Ratio: 150%. Liquidation Penalty: 7.5%. Pricefeed: 30min. Debt Limit: 10M. USDX Max Auction Size: 50,000 SWP
What it does
The message the chain carries out if it passes, as written in the proposal.
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.