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KAVA $0.06807 0.01% Market cap $73.7M

Increase BUSD debt limit to 200M USDX

Proposal #77 on Kava

Kava network: Day Nov 4 · Healthy

Typical fee 0.005 KAVA

Overview

Updated

Passed

Voting ended
Mar 2, 2022
Opened Feb 23, 2022
Submitted
Feb 23, 2022
Feb 23, 02:17 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 48M KAVA
  • No 168K KAVA
  • No with veto 186 KAVA
  • Abstain 1.23M KAVA

Description

Increases the BUSD debt limit to 200M USDX.

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 BUSD debt limit to 200M USDX",
        "changes": [
            {
                "key": "CollateralParams",
                "value": "[{\"denom\":\"bnb\",\"type\":\"bnb-a\",\"liquidation_ratio\":\"1.500000000000000000\",\"debt_limit\":{\"denom\":\"usdx\",\"amount\":\"6000000… (4,334 characters)",
                "subspace": "cdp"
            },
            {
                "key": "GlobalDebtLimit",
                "value": "{\"denom\":\"usdx\",\"amount\":\"505000000000000\"}",
                "subspace": "cdp"
            }
        ],
        "description": "Increases the BUSD debt limit to 200M USDX."
    },
    "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.