List MM(Mushrooms Finance) in Cream Finance market

Summary

This proposal suggest to list MM, governance token in Mushrooms Finance, as a market asset allowed to supply and borrow on C.R.E.A.M. Ethereum, starting with 0% collateral factor.

For

Add MM as a market asset to allow supply and borrow :mushroom:

Against

Do nothing

Motivation

Mushrooms Finance aims to provide sustainable earning tools for crypto hodlers since launched in 2020 Nov. Currently its TVL almost $15MM in Ethereum.

Mushrooms Finance is actively integrated with Yearn ecosystem like experimental WBTC vault alive on ape[dot]tax/mmwbtc.

And Mushroos Fiannce is one of the earliest job provider in keep3r network.

There is diversified liquidity provided in Uniswap/Sushiswap in multiple pairs plus it is already listed in uniquote for on-chain price feed oracle.

By listing MM, we believe it will provide more diversity for the protocol to leverage different assets and bring in fresh blood from Mushrooms community.

Background

Token: https://etherscan.io/token/0xa283aa7cfbb27ef0cfbcb2493dd9f4330e0fd304

Resources

Website: https://mushrooms.finance

18 Likes

Great idea! Hopefully with collateral factor following…

5 Likes

Mushrooms.Finance deserves it. TVL is going parabolic because the great team of Devs are always working on a new vault strategy that differs from anything the rest of the space is offering.

3 Likes

Mushrooms community member here, fully support the collaboration of our communities!

1 Like

Yes! MM would be a great addition to the Cream platform!

Mushrooms Finance has one of the most active teams in DeFi and also actively contributes to advancing other projects such as Yearn.

Adding it to Cream is such a welcome collaboration and will further the project’s progress while cementing the already built solid foundation.

1 Like

Great addition, MM is definitely one of the most active and underrated defi projects out there

1 Like

Add mushrooms.finance as it is a great project with a great team behind it. I am following it almost since its inception and I must admit what these guys have achieved with their modesty and hard work is absolutely astonishing. This is the way!

1 Like

I totally agree to with the listing, I’ve been following this project for some times now and their growth potential is really something to watch

Add MM as a market asset to allow supply and borrow :mushroom:

Add MM as asset :mushroom:

Add MM as asset :mushroom::mushroom::sparkles:

We are alive in BSC as well:

1 Like

Now we are alive in FANTOM, and Unit Protocol listed $MM as collateral to mint $USDP stablecoin.

More details please check our blog.

MM-ETH SLP could farm $SUSHI now on SushiSwap with over 700+% APR!

1 Like

Mushroom Finance is an incredible project, running across multi-chains, ETH, BSC, FTM, soon Polygon…the future is cross-chain integration and having looked at many DeFi platforms these guys are out in front of this space.

Strategic Partnerships and strong communities are the keys to success in this space and clearly combining the power of Cream Finance and Mushroom Finance adds potential for a whole new level of innovation and opportunities for both communities when this connection happens.

Just think if you could add Mushroom Finance and link it to your lending/borrowing such that your users could use their strategies to earn yield to pay-off their loans? Do that automatically over-time and you would change the game!

This is the power of Mushroom Finance, cross chain, best-of-best strategies leveraged from the best DeFi platforms, a fast moving dev team, an innovative and supportive community! What more do you need to get this across the finish line?

1 Like

Blz add :mushroom: :pray: solid project!

1 Like

:mushroom:
Mushrooms submitted a new listing application in Cream Finance forum according to its new format requirement.