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Cream FinanceCream Financeby0xb6e362900B7113F246A7e1c17E9746b3B9C079dBeasoncream.eth

Increase Collateral Factor of 1INCH to 45%

Voting ended about 5 years agoSucceeded

Summary

Increase collateral factor of 1INCH to 45%

For

Increase Collateral Factor of 1INCH to 45%

Against

Do nothing

Motivation

By enabling 1INCH as collateral, it provides a great incentives for 1INCH holder to supply in C.R.E.A.M. Finance, leading to higher TVL of the protocol. Also, 1INCH has many liquidity pools (both in CEX and DEX) that's deep enough for liquidator to mitigate the protocol downside risk.

========== Discussion link: https://forum.cream.finance/t/increase-collateral-factor-of-1inch-to-45/598

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Timeline

Jan 27, 2021Proposal created
Jan 27, 2021Proposal vote started
Jan 30, 2021Proposal vote ended
Oct 26, 2023Proposal updated