Increase AMP Collateral Factor to 45%
Summary
Increase collateral factor of AMP to 45%
For
Increase collateral factor of AMP to 45%
Against
Do nothing
Motivation
There is currently ~$2M of supplied AMP on the Cream platform available to generate loans and usage to Cream. AMP has $10M+ of AMM liquidity and is also listed on the prominent and liquid Gemini exchange.
=====Contents above are drafted by kaw182=====
Discussion link: https://forum.cream.finance/t/increase-collateral-factor-of-amp-to-45/1002
Off-Chain Vote
For
15.87K 99.9%
Against
21.36 0.1%
Timeline
Mar 31, 2021Proposal created
Mar 31, 2021Proposal vote started
Apr 03, 2021Proposal vote ended
Oct 26, 2023Proposal updated