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Cream FinanceCream Financeby0xb6e362900B7113F246A7e1c17E9746b3B9C079dBeasoncream.eth

Increase Collateral Factor of bBadger to 60%

Voting ended almost 5 years agoSucceeded

Summary

Let’s activate bBadger. Increase collateral factor of bBadger to 60%

For

Increase Collateral Factor of bBadger to 60%

Against

Do nothing, which means stay at 0%

Motivation

By increasing collateral factor of bBadger token, it will drive liquidity and increase TVL to the protocol. Current TVL of bBadger is at 285M. This will enable the badger protocol and all of its active users to lend through CREAM and drive up demand for borrowing assets.

=====contents above are drafted by badgermaxi=====

Discussion link: https://forum.cream.finance/t/increase-collateral-factor-for-bbadger-to-60/765

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Timeline

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