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Cream FinanceCream Financeby0xb6e362900B7113F246A7e1c17E9746b3B9C079dBeasoncream.eth

Increase collateral factor of OMG from 0% to 45%

Voting ended about 5 years agoSucceeded

Summary

Increase collateral factor of OMG from 0% to 45%

For: Increase collateral factor of OMG to 45% Against: Do nothing

Motivation

Increase collateral factor of OMG from 0% to 45% so as to enable borrowing.

Liquidity

On the OMG-ETH pair, there is currently $5.5M available liquidity on Sushiswap and $5.3M available liquidity on Uniswap.

  • https://sushiswap.fi/pair/0x742c15d71ea7444964bc39b0ed729b3729adc361
  • https://info.uniswap.org/pair/0x48e313460dd00100e22230e56e0a87b394066844

==================== Discussion link: https://forum.cream.finance/t/increase-collateral-factor-of-omg-to-45/591

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Timeline

Jan 22, 2021Proposal created
Jan 22, 2021Proposal vote started
Jan 25, 2021Proposal vote ended
Oct 26, 2023Proposal updated