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KAVA $0.06822 0.31% Market cap $73.9M

Increase Kava Lend debt limit for XRPB collateral

Proposal #67 on Kava

Kava network: Day Nov 3 · Healthy

Typical fee 0.005 KAVA

Overview

Updated

Rejected

Voting ended
Nov 26, 2021
Opened Nov 19, 2021
Submitted
Nov 19, 2021
Nov 19, 15:42 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 26M KAVA
  • No 613K KAVA
  • No with veto 0 KAVA
  • Abstain 27.3K KAVA

Description

Increases the USDX debt limit in Kava lend for XRPB collateral to 40M from 20M.

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": "Increase Kava Lend debt limit for XRPB collateral",
        "changes": [
            {
                "key": "CollateralParams",
                "value": "[{\"denom\":\"bnb\",\"type\":\"bnb-a\",\"liquidation_ratio\":\"1.500000000000000000\",\"debt_limit\":{\"denom\":\"usdx\",\"amount\":\"6000000… (3,941 characters)",
                "subspace": "cdp"
            },
            {
                "key": "GlobalDebtLimit",
                "value": "{\n        \"denom\": \"usdx\",\n        \"amount\": \"325000000000000\"\n      }",
                "subspace": "cdp"
            }
        ],
        "description": "Increases the USDX debt limit in Kava lend for XRPB collateral to 40M from 20M."
    },
    "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.