C.R.E.A.M. Finance
Published in

C.R.E.A.M. Finance

$1INCH, $TBTC and $OMG Listed on C.R.E.A.M. Ethereum

We have listed 1INCH, TBTC and OMG on the C.R.E.A.M. Ethereum platform. Users can now supply and borrow 1INCH, TBTC and OMG at app.cream.finance.

Proposal of 1INCH, TBTC and OMG from C.R.E.A.M. DAO has passed.

1INCH

186.57k CREAM voted for ‘FOR’

0 CREAM voted for ‘AGAINST’

TBTC

37.37k CREAM voted for ‘FOR’

37.85 CREAM voted for ‘AGAINST’

OMG

139.1k CREAM voted for ‘FOR’

0 CREAM voted for ‘AGAINST’

CREAM token holders voted in favor of adding 1INCH, TBTC and OMG market on C.R.E.A.M.. Collateral factor for 1INCH, TBTC and OMG is 0%, meaning users can deposit 1INCH, TBTC and OMG but cannot use 1INCH, TBTC and OMG as collateral to borrow other assets until the collateral ratio is increased through a governance vote.

Creating a 1INCH, TBTC and OMG market allows token holders to stay long on 1INCH, TBTC and OMG while getting leverage on the asset itself, once a collateral ratio greater than 0 is voted in. For those who want to short 1INCH, TBTC and OMG, this allows a capital efficient way to do so.

C.R.E.A.M. DAO
Crypto Rules Everything Around Me, C.R.E.A.M.

Join us on Discord, follow us on Twitter, or visit us at cream.finance.

--

--

--

C.R.E.A.M. Finance is a decentralized lending protocol for individual and institutional access to financial services. It is a permissionless and blockchain agnostic protocol existing on Ethereum, Binance Smart Chain and Fantom. Join us: https://linktr.ee/creamdotfinance

Recommended from Medium

What Is The TVG Ecosystem & Token?

Building an NFT Project Thesis

Space Falcon Announces Strategic Partnership with ZBS Capital

Morpheus Labs X Unstoppable Domains Partnership Announcement

Bithumb supports $GXC-$REI Token Swap, Oortswap is Deployed on REI Network

STOPPED Revelates: Earn $520 daily with $10000 initial

SEASONAL TOKENS: The first token for seasonality of crypto assets.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
C.R.E.A.M.

C.R.E.A.M.

C.R.E.A.M Finance is a decentralized lending protocol. Crypto Rules Everything Around Me.

More from Medium

Why StakeEasy Is An Innovation to Defi World

What is a Decentralized Autonomous Organization (DAO)?

UBI DAO: A Roadmap

XFIT Staking — The Silence Before The Storm