creamY Launches in the next 24 hours with CREAM Incentives
We are excited to launch creamY, our capital efficient, dynamic AMM, beginning with the stablecoin market. Join us as we deploy this new AMM with some novel innovations — dynamic pools, consolidated liquidity, single-sided liquidity adds, all in a yielding, stable LP token we call cyUSD that also works well as a stablecoin.
A few days ago we announced creamY, our capital efficient, dynamic AMM here. Andre Cronje also did a technical write up here. We are launching the creamY stablecoin market first and will launch the BTC and ETH markets soon thereafter. We also shortened the LP token prefix to cy- from cry- to reduce name collisions.
We will start with a strong, 7-day incentive program, and optimize the incentives quickly. These two pools will be available at launch tomorrow:
Pool 1 — Stake cyUSD and share a portion of the 500 CREAM/day pool.
Pool 2 — Add liquidity to the 95/5 cyUSD/CREAM pool, stake your CRPT token and share a portion of the 1,500 CREAM/day pool.
There will be no locks with these opening pools. We will add more, longer duration pools as adoption of creamY plays out.
A Word of Caution
Even though this code has been reviewed thoroughly by several credible developers, this code has not yet been through formal audit nor production testing. We are pushing this code through audits now, and will provide updates as we progress. Please do not put in more money than you can afford to lose.
Crypto Rules Everything Around Me, C.R.E.A.M.