$XSUSHI Listed on C.R.E.A.M. Ethereum
We have listed XSUSHI on the C.R.E.A.M. Ethereum platform. Users can now supply and borrow XSUSHI at app.cream.finance.
42.6k CREAM voted for ‘FOR’
0 CREAM voted for ‘AGAINST’
CREAM token holders voted in favor of adding a XSUSHI market on C.R.E.A.M., with 42.6k yes votes. Collateral factor for XSUSHI is 0%, meaning users can deposit XSUSHI but cannot use XSUSHI as collateral to borrow other assets until the collateral ratio is increased through a governance vote.
Creating a XSUSHI market allows token holders to stay long on XSUSHI while getting leverage on the asset itself, once a collateral ratio greater than 0 is voted in. For those who want to short XSUSHI, this allows a capital efficient way to do so.
You can also check the details of XSUSHI market here.
Crypto Rules Everything Around Me, C.R.E.A.M.