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KAVA $0.06785 0.39% Market cap $73.5M

Adjust UST in Kava Mint

Proposal #81 on Kava

Kava network: Day Nov 3 · Healthy

Typical fee 0.005 KAVA

Overview

Updated

Passed

Voting ended
May 17, 2022
Opened May 10, 2022
Submitted
May 10, 2022
May 10, 18:13 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 52.6M KAVA
  • No 3.62K KAVA
  • No with veto 134K KAVA
  • Abstain 636K KAVA

Description

Adjust UST Collateral param: Debt Limit: 10M 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": "Adjust UST in Kava Mint",
        "changes": [
            {
                "key": "CollateralParams",
                "value": "[{\"denom\":\"bnb\",\"type\":\"bnb-a\",\"liquidation_ratio\":\"1.500000000000000000\",\"debt_limit\":{\"denom\":\"usdx\",\"amount\":\"6000000… (4,333 characters)",
                "subspace": "cdp"
            },
            {
                "key": "GlobalDebtLimit",
                "value": "{\"denom\":\"usdx\",\"amount\":\"315000000000000\"}",
                "subspace": "cdp"
            }
        ],
        "description": "Adjust UST Collateral param: Debt Limit: 10M 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.