New Collateral Factor Proposal: DPI on Polygon

Summary

DPI is the largest index token made by Index Coop. It aggregates the value of the top DeFi blue chips on Ethereum into one token so that investors can save time and gas while remaining exposed to the valuations of DeFi.
https://www.coingecko.com/en/coins/defipulse-index

For

Change collateral factor of DPI on Polygon from 45% to 65%

Against

Do nothing

Motivation

Cream front-ran the larger money markets in listing DPI. This attracted 10% of all DPI to the platform on Ethereum. Given the current gas situation on ETH, incentivising Polygon use will maintain Cream’s advantage in retaining the small-money users that deposited DPI. Now that Aave listed DPI on ETH, Cream can frontrun the asset again on sidechains like Polygon with a CF ratio that is similar to the ratio on ETH v1.