We have listed XSUSHI on the C.R.E.A.M. Ethereum platform. Users can now supply and borrow XSUSHI at app.cream.finance.
Proposal from C.R.E.A.M. DAO has passed. Please see the discussion here.
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.
C.R.E.A.M. DAO
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