About Cream Finance (CREAM)
C.R.E.A.M. Finance is a decentralized DeFi lending platform, enabling financial services to a broad range of entities—from individuals to institutions. As an integral part of the yearn.finance family, it aims to differentiate itself with its open-source, permissionless nature and compatibility with multiple blockchains, including Ethereum, BNB Chain, Polygon, and Fantom. Users holding assets like Ether or wBTC and seeking avenues to optimize them, can position these assets onto C.R.E.A.M. to earn yields.
Emerging from its origins as a fork of Compound Finance, C.R.E.A.M Finance's vision revolves around fostering an inclusive network development. It plans to achieve this by providing yield farming incentives to its user base.
The intriguing acronym, C.R.E.A.M., encapsulates the ethos of "Crypto Runs Everything Around Me." Its inception on the Ethereum network was a rather spontaneous event, materializing on August 3, 2020, through the YOLO liquidity pool. A month later, in September 2020, the protocol marked its footprint on the BNB Chain. At the core of its functionalities, the CREAM token has multifaceted uses. It is designed to empower users to lend, borrow, and stake assets. Furthermore, it's instrumental in the governance of the network, granting users the autonomy to vote on potential assets for listing or removal. The live price of CREAM is available and updated in real time on Binance.