$HBTC and $HFIL Listed on C.R.E.A.M. Ethereum

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

Proposal of HBTC and HFIL from C.R.E.A.M. DAO has passed. Please see the discussion here.

HBTC

37.66K CREAM voted for ‘FOR’

0 CREAM voted for ‘AGAINST’

HFIL

37.66K CREAM voted for ‘FOR’

0 CREAM voted for ‘AGAINST’

CREAM token holders voted in favor of adding a HBTC and HFIL market on C.R.E.A.M., with both 37.66K yes votes. Collateral factor for HBTC and HFIL is 0%, meaning users can deposit HBTC and HFIL but cannot use HBTC and HFIL as collateral to borrow other assets until the collateral ratio is increased through a governance vote.

Creating a HBTC and HFIL market allows token holders to stay long on HBTC and HFIL while getting leverage on the asset itself, once a collateral ratio greater than 0 is voted in. For those who want to short HBTC and HFIL, 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.

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