What is C.R.E.A.M. Finance?

C.R.E.A.M. Finance is a decentralized lending protocol for individuals and protocols to access financial services. The protocol is permissionless, transparent, and non-custodial.

Currently, C.R.E.A.M. is live on Ethereum, Binance Smart Chain, and Fantom.

C.R.E.A.M. Finance’s smart contract money markets are focused on longtail assets -- with the goal of increasing capital efficiency for all assets in crypto markets.

Users are able to lend any supported assets on our markets, and use the provided capital as collateral to borrow another supported asset.

C.R.E.A.M. offers a wide range of tokens on our money markets, including: stablecoins (USDT, USDC, BUSD); interest-bearing stablecoins (yCRV, yyCRV); defi tokens (YFI, SUSHI, CREAM, CREAM); LP-tokens (USDC-ETH SLP, WBTC-ETH SLP); and other cryptocurrencies (ETH, LINK). This list is not exhaustive.

iceCREAM Tokennomics

iceCREAM turns CREAM into a productive asset. It will have the same three main use cases as CRV - voting, staking, and boosting.

How iceCREAM works:

• Lock CREAM between 1 week to 4 years to receive iceCREAM.

• iceCREAM is non-transferable and non-tradeable.

• 50%+ of Protocol Reserves going forward will be distributed as ycrvIB tokens to iceCREAM stakers.

• 1 iceCREAM = 1 vote in the future of C.R.E.A.M. Finance governance.

• [phase 2] iceCREAM staked translates to voting power which can be used to determine allocation of CREAM token liquidity mining by chain and market.

If liquidity mining is enabled on borrow markets (more on this as part of phase 2)

• Once you vote, your vote will remain directed at pools unless modified.

• Users will have the ability to change their votes every week and will be able to allocate their iceCREAM to different pools.

• iceCREAM allows the user to control CREAM emissions across all C.R.E.A.M. markets in the future.

• iceCREAM increases emission from a base factor of 0.4 to a max of 2.5x, the more iceCREAM you stake, the more CREAM you earn.