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Cream FinanceCream Financeby0xb6e362900B7113F246A7e1c17E9746b3B9C079dBeasoncream.eth

Increase PERP Collateral Factor to 45%

Voting ended almost 5 years agoSucceeded

Summary

For

Increase the collateral factor of PERP to 45%

Against

Do nothing, remain at current 0%

Motivation

To increase the usage of Perp as a collateral for the Cream Finance and help to increase and attract new users and capital. Currently, the collateral factor is set to 0% and Perp users are unable to borrow against the collateral.

Background

More information about Perp can be found at perp.fi and https://docs.perp.fi/. The original proposal to list Perp on Cream also has a lot of information. Further a dashboard of performance to date can be found here: https://duneanalytics.com/yenwen/perpetual-protocol_2

Please let me know if you have any questions.

===== Contents above are drafted by tongnk=====

Discussion link: https://forum.cream.finance/t/increase-collateral-factor-of-perp-to-45/1442

Off-Chain Vote

For
41.49K 100%
Against
0 0%
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Timeline

Mar 29, 2021Proposal created
Mar 29, 2021Proposal vote started
Apr 01, 2021Proposal vote ended
Oct 26, 2023Proposal updated