Increase CEL Collateral Factor to 45%
Summary
Increase collateral factor of CEL to 45%
For
Increase collateral factor of CEL to 45%
Against
Do nothing
Motivation
There is currently ~$2.5M of supplied CEL on the Cream platform available to generate loans and usage to Cream. CEL has $10M+ of AMM liquidity and is also listed on several well known exchanges such as Bitfinex, Bittrex, FTX, Liquid, OKEX, and others. CEL daily trading Volume exceeds $20m, according to Coingecko.
Discussion link: https://forum.cream.finance/t/increase-collateral-factor-of-cel-to-45/1560
Off-Chain Vote
For
2.11K 99.8%
Against
5.19 0.2%
Timeline
Jul 22, 2021Proposal created
Jul 22, 2021Proposal vote started
Jul 25, 2021Proposal vote ended
Oct 26, 2023Proposal updated