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Cream FinanceCream Financeby0xb6e362900B7113F246A7e1c17E9746b3B9C079dBeasoncream.eth

Increase Collateral Factor of xSUSHI to 60%

Voting ended almost 5 years agoSucceeded

Summary

Let's activate xSUSHI. Increase collateral factor of xSUSHI to 60%

For

Increase Collateral Factor of xSUSHI to 60%

Against

Do nothing, which means stay at 0%

Motivation

By increasing collateral factor of xSUSHI token, it will drive liquidity and increase TVL to the protocol. Current market cap of xSUSHI is at 770M. Cream will also be the first protocol to offer loaning to xSUSHI.

=====contents above are drafted by futurefund=====

Discussion link: https://forum.cream.finance/t/increase-collateral-factor-of-xsushi-to-60/742

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Timeline

Feb 19, 2021Proposal created
Feb 19, 2021Proposal vote started
Feb 22, 2021Proposal vote ended
Oct 26, 2023Proposal updated