REMINDER: Please, remember to have your positions closed at the end of next week.
08 Dec 2022, 19:31
REMINDER: Please, remember to have your positions closed at the end of next week.
Same news in other sources
2KavaKAVA #135
09 Dec 2022, 02:03
Proposal #114: Adjust AKT and HARD LTVs to zero
Objective:
Adjust the loan-to-value parameters to zero for the following assets: AKT and HARD
Description:
Due to an upgrade in the Lend module, HARD and AKT aren’t borrowable against supplied assets. They won’t be counted as collateral value when the loan-to-value adjusts to zero.
In preparation for this proposal, please note that you have until December 15th, 2022 (Before the end of the voting period. Please check the ending time in your time zone) to close your borrow positions against your supplied HARD, AKT, and other assets.
Therefore, we recommend you take action as soon as possible to close your borrow positions, or these positions will be liquidated if the proposal passes.
Why is it needed?
We have determined that this action will be the best solution to prevent potential oracle manipulations against AKT and HARD.
Vote Yes:
By voting yes, you agree that the loan-to-value parameters must be adjusted to zero for AKT and HARD.
Vote No:
By voting no, you disagree that the loan-to-value parameters must not be adjusted to zero for AKT and HARD, leaving them as-is.
Proposal #114: Adjust AKT and HARD LTVs to zero. Objective:.
Proposal #114: Adjust AKT and HARD LTVs to zero
Objective:
Adjust the loan-to-value parameters to zero for the following assets: AKT and HARD
Description:
Due to an upgrade in the Lend module, HARD and AKT aren’t borrowable against supplied assets. They won’t be counted as collateral value when the loan-to-value adjusts to zero.
In preparation for this proposal, please note that you have until December 15th, 2022 (Before the end of the voting period. Please check the ending time in your time zone) to close your borrow positions against your supplied HARD, AKT, and other assets.
Therefore, we recommend you take action as soon as possible to close your borrow positions, or these positions will be liquidated if the proposal passes.
Why is it needed?
We have determined that this action will be the best solution to prevent potential oracle manipulations against AKT and HARD.
Vote Yes:
By voting yes, you agree that the loan-to-value parameters must be adjusted to zero for AKT and HARD.
Vote No:
By voting no, you disagree that the loan-to-value parameters must not be adjusted to zero for AKT and HARD, leaving them as-is.
KavaKAVA #135
08 Dec 2022, 22:30
📣 Attention to the Kava community 📣
We are rolling out a new survey to measure the effectiveness of the Kava app and Earn usage among the users. You can have an opportunity to interview with the Product team by scheduling a time slot at the end of the survey.
Please take the survey here.
Please take a few minutes to respond to these questions promptly. Thank you, and your feedback will be valuable.
Attention to the Kava community.
📣 Attention to the Kava community 📣
We are rolling out a new survey to measure the effectiveness of the Kava app and Earn usage among the users. You can have an opportunity to interview with the Product team by scheduling a time slot at the end of the survey.
Please take the survey here.
Please take a few minutes to respond to these questions promptly. Thank you, and your feedback will be valuable.