Proposals of #45

Create SAFU fund via the community pool

Exec Legacy Content
passed
Expected result
Turnout / Quorum
46.45% / 20.00%
Voting start 2021.05.06 at 01:05:14
Voting end 2021.05.13 at 01:05:14
75.53%
35 648 897 kava
Yes
1.01%
476 830 kava
No
0.07%
31 382 kava
Veto
23.39%
11 038 371 kava
Abstain

Details

Proposer
-
Total deposit
1 000 kava
Submit time
2021.05.06 at 01:05:14
Deposit end time
2021.05.20 at 01:05:14

Description

This proposal increases the minimum staking inflation from 15% to 95% and directs all new inflation to the community pool. These funds will be used for the SAFU fund, see details at https://medium.com/kava-labs/introducing-the-kava-safu-fund-security-of-assets-fund-for-users-bd8a7005a28f. Once the SAFU fund approaches 10M KAVA in approximately 1 month, a new proposal will be submitted to lower inflation back to 15%.

Votes

Voter
Answer