Cream Finance - a project, based on the belief that the financial system of the future should be open and inclusive. Thanks to the forbidden nature of blockchain and the automation of smart contracts, users can work with this new financial system with ease.
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Description of Cream Finance
The Cream Finance developers want to launch a peer-to-peer (P2P) lending platform on Ethereum and then another on Binance Smart Chain (BSC) along with the launch of the BSC mainnet in the third quarter. Platform users use the CREAM game coin.
Incentives to attract liquidity providers will begin shortly after the launch of the protocol. The first 4 weeks of the promotion will be 400,000 tokens linearly in two pools:
| Pool 1 | Liquidity providers on this P2P lending platform will receive CREAM tokens, based on the USD value of the delivered or borrowed tokens. This pool will have a mining factor of 0.5. |
| Pool 2 | Liquidity Provider and Management Pool - users who provide liquidity in the designated pool of the CREAM balancer, wager the minimum BPT amount, or have voted within the last 3 days, will receive CREAM tokens, based on the dollar value of their BPT with a mining ratio of 1.0. |
Incentives for liquidity extraction after the first 4 weeks will be accepted through corporate governance on this platform. The Road Map states that the company will first launch the money market protocol algorithm on Binance Smart Chain (BSC) along with the launch of the BSC main network. The decision to launch on Binance Smart Chain was straightforward, given numerous advantages such as the major cryptocurrencies, already pegged to Binance Chain (BTC, ETH, LTC, BCH, XRP, TRX), the speed and cost-effectiveness of Binance Smart Chain and Binance's vibrant ecosystem.
Additional information
All your questions will be answered by the company's technical support on social networks:
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