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Cream FinanceCream Financeby0xb6e362900B7113F246A7e1c17E9746b3B9C079dBeasoncream.eth

Increase CRETH2 Collateral Factor to 45%

Voting ended about 5 years agoSucceeded

Summary

Increase CRETH2 collateral factor from 0% to 45% (C4)

For: Increase CRETH2 collateral factor to 45% (C4) Against: Do nothing

Motivation

The main idea has been elaborated in the CRETH2 listing proposal.

CRETH2 is the proof token for staking ETH in C.R.E.A.M. Finance, and the borrowing power from the staked position plays an important part of motives for C.R.E.A.M. users to stake in ETH2. By allowing this, CRETH2 will attract more ETH staking and the protocol will get more TVL eventually.

Discussion link: https://forum.cream.finance/t/increase-creth2-collateral-factor-to-45/193

Off-Chain Vote

For
16.82K 100%
Against
0 0%
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Timeline

Nov 24, 2020Proposal created
Nov 24, 2020Proposal vote started
Nov 25, 2020Proposal vote ended
Oct 26, 2023Proposal updated