14.5MM TVL, 1st CREAM Distribution
Big ups to the community for the fantastic support we’ve received since our launch yesterday. In just 24 hours, C.R.E.A.M. Finance has accumulated 14.5MM in Total Value Locked (TVL). If we were on Defi Pulse today, we would rank #6, just below dYdX.
CREAM Drippin’
We’ve wrapped up our first day of the YOLO Alpha launch pool with our snapshot that was taken at 6:01PM UTC+8 today, August 4th, at block 10592610. The amount of CREAM milked is based on the value of tokens supplied and borrowed. Specifically:
[Supply + Borrow value] / [Total supply + Borrow Value on platform] * 10,000 CREAM per day.
Distribution for the first day has been sent to the address where you minted your crTokens. Hit us up if you have any questions.
Four More Days
There are 4 more CREAM token distributions of 10,000 CREAM tokens per day as part of this YOLO Alpha pool. Subsequent snapshots will occur daily at random times each day, with distributions happening at around this same time. Our Beta reward pools will begin shortly after this YOLO Alpha launch pool ends in 5 days. The 50,000 CREAM tokens in this YOLO Alpha launch pool is not part of the initial 400,000 CREAM tokens that we’ve previously announced for the Beta. This is alpha software. Don’t put in anymore than you can lose. Feedback is appreciated on our Discord.
CREAM Token Info
The only available supply of CREAM tokens at the time of this post are the ones distributed to our users in the past 24 hours — 10,000. Total circulating token supply will increase to 50,000 by the end of this YOLO Alpha Pool on Friday, August 7th.
CREAM Token from our team has the following address — https://etherscan.io/address/0x2ba592f78db6436527729929aaf6c908497cb200
Please use the above address when looking for our tokens across DEXs and AMMs as there may be imposter tokens out there looking to jack you. Don’t let them.
I’d like to personally thank Robert and the team at Compound for making C.R.E.A.M. possible.
Jeffrey Huang, Founder
Crypto Rules Everything Around Me, C.R.E.A.M.
Join us on Discord, follow us on Twitter, or visit us at cream.finance.
