Increase Collateral Factor of ALPHA to 60%

Summary

Increase collateral factor of ALPHA to 60%

For

Increase collateral factor of ALPHA to 60%

Against

Do nothing, stays at 0%

Motivation

It is important to raise collateral factor of those assets with 0%, and not to mention Alpha Finance is our important partner. After considering its on-chain liquidity, we believe 60% is a reasonable collateral factor for ALPHA.

By enabling ALPHA as collateral, it provides a great incentives for ALPHA holder to supply in C.R.E.A.M. Finance, leading to higher TVL of the protocol. Also, ALPHA has many liquidity pools that’s deep enough for liquidator to mitigate the protocol downside risk.

=============== Discussion link: https://forum.cream.finance/t/increase-collateral-factor-of-alpha-to-60/879