C.R.E.A.M. Finance
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C.R.E.A.M. Finance

Swap Launch; v5 Beta Liquidity Mining

Liquidity Mining Reward Thoughts

  • With the launch of Swap, we are testing out both high APY rewards for the new Swap pools to attract liquidity. This program is set for 7 days currently, but we will make adjustments quickly and announce them prior to change.
  • We are also increasing “CREAM Supply ONLY” rewards from 1700/day to 5000/day in order to continue our focus on giving CREAM to our loyal token holders.
  • We anticipate that new Swap rewards may create a new CREAM liquidity crunch. We stand ready to increase the interest rate model for CREAM in the event there is another liquidity crunch.
  • Liquidity providers across Balancer and Uniswap continue to be strong contributors to our network value, and will continue to be rewarded well. Additionally, liquidity providers on Swap will also be handsomely rewarded.

v5 Beta Liquidity Mining — Change Highlights

  • Any supply/borrow (Pool 1) — Remain the same at 1,000 per day.
  • CREAM Supply ONLY (Pool 1.5e) — Increased to 5,000 per day, up from 1,700 per day.
  • Liquidity providers in Balancer (Pool 2a) — Remain the same at 1,000 per day.
  • Liquidity providers in Uniswap (Pool 2b) — Remain the same at 1,000 per day.
  • New Swap liquidity pools for CREAM — 3,000 per day for CREAM/USDC, CREAM/WETH, crCREAM/crYFI.
  • New Swap liquidity pools for LP positions — 500 per day for crYETH/crYYCRV, yETH/WETH, yyCRV/USDC.
  • MTA bonus pool ended on September 6th.
  • yyCRV bonus pool ends today, September 7th.
  • FTT and SUSHI bonus pools end tomorrow, September 8th.
  • yETH bonus pool ends September 9th.

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C.R.E.A.M.

C.R.E.A.M Finance is a decentralized lending protocol. Crypto Rules Everything Around Me.