What is C.r.e.a.m.-finance ?
C.R.E.A.M. Finance is a blockchain agnostic, decentralized peer to peer lending platform based on a fork of Compound Finance. C.R.E.A.M. bridges liquidity across underserved assets by providing algorithmic money markets to these underserved assets. Users can supply any supported assets and use these supplied assets as collateral to borrow any other supported assets. C.R.E.A.M. has launched on Ethereum, and will soon be available on the Binance Smart Chain.
C.R.E.A.M.’s focus is to list tokens that are relevant and important to the DeFi ecosystem such as stablecoins, (USDT, USDC, BUSD, yCRV, yyCRV, etc.), governance tokens (COMP, BAL, YFI, LEND, CRV, CREAM, MTA, SUSHI), and others such as ETH, LINK, and renBTC. This list is not exhaustive – please check app.cream.finance for the latest list of supported tokens.
CREAM tokens serve as the governance token for the C.R.E.A.M. Finance network. Details of how governance will work with CREAM will be announced at a later date.