Karura Network has introduced two sub-programs to enhance KAR's role as a fundamental utility. The first sub-program is KAR Staking, which aims to align stakeholders, participants, and network infrastructures. The target KAR Staking APR is 10%, and the target staking rate is 30% to 50%. The second sub-program is KAR Liquidity Pair, which fosters liquidity within the Karura ecosystem. The first pair is KAR-USDCet, and the target APR is 10% - 16%. The proposal covers the initial two months' incentives, and further incentive adjustments will be proposed in the following weeks. The proposal includes transferring 883,332 KAR from Karura Treasury to incentives reward vault account, setting KAR staking incentive reward rate, starting bootstrap KAR/USDCet pair on Karura Swap, and enabling claim loyalty bonus for KAR/USDCet.

proposal

Initial Stage of the KAR Staking and Karura Swap Liquidity Mining Program 🚀

#94 Runtime upgrade - Bug fixes and improvements

calls

Untitled - motion #453

Untitled - motion #452

#93 Runtime upgrade - Update Substrate/Cumulus/Polkadot version to v1.0.0

Untitled - motion #450

Untitled - motion #449

Untitled - motion #448

Untitled - motion #447

KAR Emission Vote

Untitled - motion #445

aSEED I: aUSD to aSEED conversion

Revert aUSD quota initiated for the fungibility pallet

Untitled - motion #442

Untitled - motion #441

Untitled - motion #440

- A proposal has been made to adjust risk parameters for aUSD to aSEED (Karura) conversion.
- This is in preparation for the Exodus Plan, which is a plan to move from one platform to another.
- The risk parameters being adjusted include liquidation ratio, debt ceiling, stability fee, and liquidity penalty.
- The proposal was made after a vote was passed for the Exodus Plan.
- You can find more information about the vote and the Exodus Plan in the provided links.

aSEED (Karura) I Setting risk parameters of aUSD

address

Untitled - motion #438

Runtime Upgrade - Update Substrate/Cumulus/Polkadot version to v0.9.42

Untitled - motion #436

Untitled - motion #435

- Karura is a platform that needs to manage risk to stay safe.
- They want to decrease the amount of debt they allow people to take on.
- This will help them stay safe in case the market changes a lot.
- They want to decrease the debt ceiling for KSM, LKSM, and KAR.
- This will help them be more careful with how much money they lend out.

Karura Risk Parameter Change Proposal - May 2023

stableAssetId

metadata

0x5461696761204b534d

Untitled - motion #433

Resume full functionality of Taiga stable asset pallet on Karura

Runtime upgrade to fix Taipa stable asset pallet

Council Motions