$HUSD Listed on C.R.E.A.M. Ethereum
We have listed HUSD on the C.R.E.A.M. Ethereum platform. Users can now supply and borrow HUSD at app.cream.finance.
45.67k CREAM voted for ‘FOR’
0 CREAM voted for ‘AGAINST’
CREAM token holders voted in favor of adding a HUSD market on C.R.E.A.M., with 45.67k yes votes. Collateral factor for HUSD is 0%, meaning users can deposit HUSD but cannot use HUSD as collateral to borrow other assets until the collateral ratio is increased through a governance vote.
Creating a HUSD market allows token holders to stay long on HUSD while getting leverage on the asset itself, once a collateral ratio greater than 0 is voted in. For those who want to short HUSD, this allows a capital efficient way to do so.
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