This is a proposal to increase the Collateral Factor of SUSHI token from 50% to 60% “C5” as per listing specifications.
SushiSwap is an automated market making (AMM) decentralized exchange (DEX) currently on the Ethereum blockchain. Unlike other protocols, SushiSwap is a community run project that is governed by vote of the community.
SUSHI token is rewarded for providing liquidity. Having an issuance limit of 250 million tokens, with monthly decreasing issuance rate and multi-sig governance, SUSHI is a mature AMM token .
The SUSHI/ETH pool currently provides 44,000 ETH, ample liquidity for liquidation requirements.
This increase should bring more sushi liquidity to the Cream platform.
For : C5 with 60% CF
Against : Nothing changed and remains at 50% CF