$CRETH2 Listed on C.R.E.A.M. Ethereum

We have listed CRETH2 on the C.R.E.A.M. Ethereum platform. Users can now supply and borrow CRETH2 at app.cream.finance.

Proposal for listing CRETH2 and increasing the collateral factor of CRETH2 from C.R.E.A.M. DAO has passed. Please see the discussion here.

List CRETH2 as Collateral Asset

37.65k CREAM voted for ‘FOR’

0 CREAM voted for ‘AGAINST’

Increase CRETH2 Collateral Factor to 45%

20.15k CREAM voted for ‘FOR’

0 CREAM voted for ‘AGAINST’

Collateral factor for CRETH2 is 45%, meaning for every $100 worth of CRETH2 supplied, users can borrow up to $45 worth of other tokens.

Creating a CRETH2 market allows token holders to stay long on CRETH2 while getting leverage on the asset itself.

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

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