Set validator minimum commission rate to 5%

Proposal #92 on Kava

Rejected

Voting ended: Jul 27, 2022; Opened Jul 20, 2022
Submitted: Jul 20, 2022; Jul 20, 15:13 UTC
Deposit: 1,009 KAVA
Type: Text proposal

Yes 84.6% 27M KAVA
No 11.4% 3.63M KAVA
No with veto 0.1% 23.5K KAVA
Abstain 4% 1.26M KAVA

This proposal certificates that Validators and KAVA community agree on setting a minimum commission rate of 5%

Times have been difficult for validators as token value has gone down and retail and institutional clients have decided to unstake. We think that having a uniform minimum commission can help validators get the right compensation for their work.

Other benefits around having a min. commission rate is that validators will need to compete on value creation for delegators, instead of attracting them due to low or 0% commission rate. Delegators will be able to delegate among various validators and help decentralize the network.

Here are other examples of networks that have set a minimum commission rate for validators: Umee, Desmos, Juno, Osmosis, Chihuahua.

If the proposal passes, the KAVA blockchain needs to be updated so that the fee of all validators lower than 5% can be changed automatically.

Vote Yes if you support this proposal

Vote No if you do not support this proposal

Text proposal cosmos.gov.v1beta1

{
    "@type": "/cosmos.gov.v1.MsgExecLegacyContent",
    "content": {
        "@type": "/cosmos.gov.v1beta1.TextProposal",
        "title": "Set validator minimum commission rate to 5%",
        "description": "This proposal certificates that Validators and KAVA community agree on setting a minimum commission rate of 5% \\n\\nTimes… (1,013 characters)"
    },
    "authority": "kava10d07y265gmmuvt4z0w9aw880jnsr700jxh8cq5"
}

Voting ended before BitBasic started recording Kava votes on Oct 29, 2026, and the chain deletes votes when voting ends.

Set validator minimum commission rate to 5%

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