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KAVA $0.06784 0.56% Market cap $73.5M

Adjust annual inflation for Kava stakers from 20% to 17%

Proposal #88 on Kava

Kava network: Day Nov 4 · Healthy

Typical fee 0.005 KAVA

Overview

Updated

Rejected

Voting ended
Jun 21, 2022
Opened Jun 14, 2022
Submitted
Jun 14, 2022
Jun 14, 19:07 UTC
Deposit
1,000 KAVA
Type
Parameter change

Votes

  • Yes 3.61M KAVA
  • No 31.5M KAVA
  • No with veto 31.6K KAVA
  • Abstain 1.76M KAVA

Description

This proposal redirects 3.5% of inflationary Kava from kava stakers to the community pool. This lowers liquid Kava rewards for stakers in anticipation of the Kava staking derivative and maintains the funding of the community pool for Kava Developer incentives. See prop 78 (https://www.mintscan.io/kava/proposals/78) for details on the initial developer incentives proposal.

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 annual inflation for Kava stakers from 20% to 17%",
        "changes": [
            {
                "key": "InflationMin",
                "value": "\"1.000000000000000000\"",
                "subspace": "mint"
            },
            {
                "key": "InflationMax",
                "value": "\"1.000000000000000000\"",
                "subspace": "mint"
            },
            {
                "key": "communitytax",
                "value": "\"0.86500000000000000\"",
                "subspace": "distribution"
            }
        ],
        "description": "This proposal redirects 3.5% of inflationary Kava from kava stakers to the community pool. This lowers liquid Kava rewards for stakers in anticipation of the Kava staking derivative and maintains the funding of the community pool for Kava Developer incentives. See prop 78 (https://www.mintscan.io/kava/proposals/78) for details on the initial developer incentives proposal."
    },
    "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.