Skip to main content

KAVA $0.06827 up 0.70% Market cap $73.9M

Create Developer Incentives Fund via the community pool

Proposal #78 on Kava

Overview

Updated

Passed

Voting ended
Mar 2, 2022
Opened Feb 23, 2022
Submitted
Feb 23, 2022
Feb 23, 22:44 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 48.3M KAVA
  • No 4.3M KAVA
  • No with veto 37K KAVA
  • Abstain 1.21M KAVA

Description

This proposal increases the minimum staking inflation from 20% to 100% and directs all new inflation to the community pool for purposes of funding Kava Developer Incentives. After the funding is complete in approximately 1 year, a follow on proposal will be submitted to turn off this extra inflation. The inflationary KAVA generated by this proposal will be distributed over 4 years to Kava Network Developers. See full details at https://medium.com/kava-labs/kava-network-developer-incentives-298b652281aa.

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": "Create Developer Incentives Fund via the community pool",
            "changes": [
                {
                    "key": "InflationMin",
                    "value": "\"1.000000000000000000\"",
                    "subspace": "mint"
                },
                {
                    "key": "InflationMax",
                    "value": "\"1.000000000000000000\"",
                    "subspace": "mint"
                },
                {
                    "key": "communitytax",
                    "value": "\"0.800000000000000000\"",
                    "subspace": "distribution"
                }
            ],
            "description": "This proposal increases the minimum staking inflation from 20% to 100% and directs all new inflation to the community pool for purposes of funding Kava Developer Incentives. After the funding is complete in approximately 1 year, a follow on proposal will be submitted to turn off this extra inflation. The inflationary KAVA generated by this proposal will be distributed over 4 years to Kava Network Developers. See full details at https://medium.com/kava-labs/kava-network-developer-incentives-298b652281aa."
        },
        "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.