C.R.E.A.M. Finance Is Coming to Polygon
We are excited to announce that C.R.E.A.M. Finance will be launching our money markets on Polygon!
C.R.E.A.M. remains driven in our goal to bring capital efficiency to long-tail assets on multiple blockchains. Our integration with Polygon means faster transactions, lower gas fees, and access to different markets for our users.
Today, Polygon has a thriving DeFi ecosystem — with $8.64b TVL.
At launch, users will be able to supply and borrow tokens on the following markets: USDC, USDT, DAI, WMATIC, WETH, WBTC, LINK, SUSHI, CRV, QUICK.
C.R.E.A.M. Polygon markets will be incentivized with liquidity mining. Details to be announced.
All assets on C.R.E.A.M. Polygon will be covered by Chainlink oracles.
Collateral factors will range from 45% to 85%.
Documentation will cover our Polygon markets at launch.
Polygon is an easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 400+ Dapps, ~350M txns and ~1.5M+ unique users.
About C.R.E.A.M. Finance
C.R.E.A.M. Finance is a decentralized lending protocol for individuals, institutions, and other protocols to access financial services. Part of the yearn finance ecosystem, C.R.E.A.M. Finance is a permissionless, open source, and blockchain-agnostic protocol.
C.R.E.A.M. Finance’s money markets are focused on longtail assets — increasing capital efficiency in crypto markets. Users are able to lend any supported assets on our markets, and use this capital as collateral to borrow another supported asset.