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2022-04-18 23:30:10
How to purchase Cream Finance (CREAM)

What is Cream Finance
What Is C.R.E.A.M. Finance (CREAM)?
C.R.E.A.M Finance is a decentralized DeFi lending protocol for individuals, institutions and protocols to access financial services. Part of the yearn.finance ecosystem, C.R.E.A.M. Finance is a permissionless, open source and blockchain agnostic protocol serving users on Ethereum, Binance Smart Chain Polygon and Fantom.
Users who are passively holding Ether or wBTC can deposit their assets on C.R.E.A.M. to earn yield, similar to a traditional savings account. For more information visit https://app.cream.finance/.
The C.R.E.A.M. Finance protocol was created as a Compound Finance fork.
C.R.E.A.M Finance is open-source, permissionless, blockchain-agnostic and offers yield farming rewards to its users in order to inclusively develop its network.
The project (which stands for Crypto Runs Everything Around Me) was launched unexpectedly on the Ethereum network on Aug. 3, 2020 through the YOLO liquidity pool. In September 2020 it went live on the Binance Smart Chain (BSC).
The CREAM token allows users to lend, borrow, stake assets and help govern the network, allowing them to vote on assets to support or delist.
Who Are the Founders of C.R.E.A.M. Finance?
The person behind C.R.E.A.M. Finance is Taiwanese entrepreneur Jeffrey Huang, who labeled himself as the “semi-benevolent dictator of CREAM” upon launch. Huang is also the founder of Mithril (MITH), the Ethereum-based social media platform.
The tokens have been allocated as follows:

10% (900,000) of tokens will go to the team and advisors, 75% of which will vest over four years and a six month cliff;
10% will be used as seed with four years vesting (one year cliff);
20% (1.8 million) CREAM will be used to incentivize liquidity providers;
60 (5.4 million) is allocated for governance.

What Makes C.R.E.A.M. Finance Unique?
C.R.E.A.M. Finance helps provide liquidity to important DeFi assets through automated market making (AMM), allowing users to borrow and lend supported assets and earn liquidity mining rewards in the form of its CREAM token by supplying any supported asset as collateral. In return, it collects swap, lending and borrowing fees from users.
The platform aims to list and support tokens important to the DeFi sector, for example the biggest stablecoins (USDT, USDC, BUSD, yCRV, etc), governance tokens (COMP, BAL, YFI, LEND, CRV, CREAM etc.), and other leading cryptocurrencies such as ETH, renBTC and LINK.
As an ERC20 token on the Ethereum network, CREAM can run Ethereum Virtual Machines through smart contracts, while users can create DAoos for its community, thus resulting in better composability, i.e. plugging different financial services into each other.
CREAM tokens can be staked for a period of up to four years in order to accrue rewards; however, it is important to note that there is no admin unlock available.Therefore, you will only receive your rewards at the end of your staking period.
Related Pages:
Learn more about Compound Finance (COMP).
Learn more about Curve DAO (CRV).
Learn more about yearn.finance (YFI).
Visit the CoinMarketCap blog for the latest blockchain news and insights. \
How Many C.R.E.A.M. Finance (CREAM) Coins Are There in Circulation?
CREAM has a total supply of 9 million coins, of which around around 150,000 are currently in circulation. This will increase as more vested tokens are released monthly to stakeholders and liquidity miners.
How Is the C.R.E.A.M. Network Secured?
CREAM’s smart contracts are not officially audited at present by choice. Instead, Huang uses expert advisers (which includes Compound founder Robert Leshner) to improve security, inspect code and manage a multisig wallet to keep users funds safe.
Update on Audit report:

Trail of Bits (January 28, 2021)
https://docs.cream.finance/audit-report

Where Can You Buy C.R.E.A.M. Finance (CREAM)?
The top exchanges for trading in Cream Finance are currently Binance, Binance.KR, FTX, Hoo and Uniswap (V2). You can find others listed on our crypto exchanges page.
You can now also buy cryptocurrencies like Bitcoin and Ethereum directly by credit card in your fiat currency of choice. Here’s how.
How to buy CREAM?
  • How to buy CREAM on Neko Invest app
    For more information:
    How to download and use Neko Invest app
    • Step 1 :  Create/Login to your Neko Invest app account
    • Step 2 :  Go to Market page, click on the Search icon and search CREAM in the search bar.
    • Step 3 :  Click on CREAM logo and choose Invest.
    • Step 4 :  Entering the amount of CREAM that you want to buy. Then click on the Get Quotes button.
    • Step 5 :  Swipe the Swipe to swap button and now you own CREAM. You can check your CREAM balance in your wallet by going to Wallet page.
Contract Addresses
Cream Finance (Fantom) : 0x657A1861c15A3deD9AF0B6799a195a249ebdCbc6
Cream Finance (Xdai chain) : 0x1939D3431CF0E44B1d63b86e2cE489E5a341B1Bf
Cream (Ethereum) : 0x2ba592f78db6436527729929aaf6c908497cb200
Cream (Binance Smart Chain) : 0xd4cb328a82bdf5f03eb737f37fa6b370aef3e888
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