43.6MM TVL, 3rd CREAM Distribution
Ethereans — Thank you. 72 hours post launch, C.R.E.A.M. Finance has accumulated 43.6-million USD, or 109,000 ETH in Total Value Locked (TVL), growing 45.3% day over day. If we were on Defi Pulse today, we would be below Instadapp, ranked #5.
We’ve wrapped up our third day of the YOLO Alpha launch pool with our snapshot that was taken at 7:44 (UTC+0) today, August 6th, at block 10604878. 10,000 CREAM tokens were distributed to 254 addresses (up from 182 yesterday).
Below info for those just joining us — y’all hardcore milkmaids and milkmen can skip…
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.
Two More Days
There are 2 more CREAM token distributions of 10,000 CREAM tokens per day as part of this YOLO Alpha pool. Subsequent snapshots and distributions will occur daily at random times each day. Our Beta reward pools will begin shortly after this YOLO Alpha launch pool ends on Saturday, August 8th. 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 72 hours — 30,000. Total circulating token supply will increase to 50,000 by the end of this YOLO Alpha Pool on Saturday, August 8th.
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.