yETH Token Listed
Today we have listed yETH on the C.R.E.A.M. platform. Users can now supply and borrow yETH at app.cream.finance.
To celebrate this listing, we are kicking off a bonus reward pool of 700 CREAM tokens for yETH supply and borrowing for the next 7 days, 100 CREAM per day. First snapshot and CREAM distribution will occur tomorrow, September 3rd, along with reward pools for CREAM, MTA, yyCRV, SUSHI, and FTT supply/borrowing.
Collateral factor for yETH is 75%, meaning for every $100 worth of yETH supplied, users can borrow up to $75 worth of other tokens.
Just like yyCRV, there’s also no logo yETH in existence, so we’ve rolled another one ourselves. 😂
Jeffrey Huang, Founder
Crypto Rules Everything Around Me, C.R.E.A.M.