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

yyCRV Token Listed; CREAM Collateral Factor Increased

Today we have listed yyCRV on the C.R.E.A.M. platform. Users can now supply and borrow yyCRV at app.cream.finance.

To welcome once again the yearn.finance community onto C.R.E.A.M., we are kicking off a bonus reward pool of 700 CREAM tokens for yyCRV supply and borrowing for the next 7 days, 100 CREAM per day. First snapshot and CREAM distribution will occur tomorrow, September 1st, along with reward pools for CREAM and MTA supply/borrowing.

Collateral factor for yyCRV is 60%, meaning for every $100 worth of yyCRV supplied, users can borrow up to $60 worth of other tokens.

Also, since there’s no yyCRV logo in existence, We’ve created a temporary one. 😂

Look we made this ourselves 👆

CREAM Collateral Factor Increased to 20%

Additionally, we have increased the CREAM collateral factor to 20% from 5%. This means wallets that supply CREAM collateral will see increased borrowing power after this change.

CREAM Token Info

The only available supply of CREAM tokens at the time of this post are the ones distributed to our users from our YOLO Alpha pool of 50,000 plus this current Beta Liquidity Mining pool. After today’s distribution, the circulating supply is 161,971.

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.

Join us on Discord, follow us on Twitter, or visit us at cream.finance.

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C.R.E.A.M. Finance is a decentralized lending protocol for individual and institutional access to financial services. It is a permissionless and blockchain agnostic protocol existing on Ethereum, Binance Smart Chain and Fantom. Join us: https://linktr.ee/creamdotfinance

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

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