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Cream FinanceCream Financeby0xb6e362900B7113F246A7e1c17E9746b3B9C079dBeasoncream.eth

Increase DAI Collateral Factor to 75%

Voting ended about 5 years agoSucceeded

Summary

Increase DAI collateral factor to 75% (C6)

For: Increase DAI collateral factor to 75% (C6) Against: Do nothing

Motivation

It is DAI from MakerDAO.

DAI is the most trust-worthy decentralized stable coin, and it's the ERC20 token governed by MakerDAO. Increasing its collateral factor would definitely bring high benefit and low risk to the protocol without doubt.

Discussion link: https://forum.cream.finance/t/increase-dai-collateral-factor-to-75/223

Off-Chain Vote

For
42.43K 100%
Against
0 0%
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Timeline

Dec 03, 2020Proposal created
Dec 03, 2020Proposal vote started
Dec 06, 2020Proposal vote ended
Oct 26, 2023Proposal updated