C.R.E.A.M. Finance Is Coming to Polygon

Published on: 30.06.2021

C.R.E.A.M Finance money market will be launching on Polygon, and remain on its goal as to “bring efficiency to long-tail assets on multiple blockchains”. This integration focused on user’s satisfaction such as faster transactions, lower gas fees, and access to different markets.

C.R.E.A.M. Polygon markets will be incentivized with liquidity mining.

 

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

C.R.E.A.M. Finance is a decentralized lending protocol for individuals, institutions, and other 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.

C.R.E.A.M. Finance’s money markets are focused on longtail assets — increasing capital efficiency in crypto markets. Users are able to lend any supported assets on our markets, and use this capital as collateral to borrow another supported asset.

 

About Polygon

Polygon is an easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 400+ Dapps, ~350M txns and ~1.5M+ unique users.

 

SOURCE:
Medium
Market Stats:
BTC Dominance: 52.41%(-0.88%/24h)
ETH Dominance: 16.54%(+0.04%/24h)
Defi Market Cap: $80.41B(+11.22%/24h)
Total Market Cap: $2146.95B(-3.19%/24h)
Total Trading Volume 24h: $106.54B(+17.59%/24h)
ETH Market Cap: $354.23B
Defi to ETH Ratio: 22.7%
Defi Dominance: 3.56%
Altcoin Market Cap: $1021.65B
Altcoin Volume 24h: $56.87B
Total Cryptocurrencies: 29484
Active Cryptocurrencies: 9856
Active Market Pairs: 82534
Active Exchanges: 755
Total Exchanges: 8436
BTC: 57038.56$(-1.22%/1H)
ETH: 2908.37$(-1.33%/1H)
AVAX: 32.73$(-0.81%/1H)
BNB: 543.93$(-2.37%/1H)
MATIC: 0.68$(-0.53%/1H)
FTM: 0.67$(0.67%/1H)
ADA: 0.44$(-0.17%/1H)
DOT: 6.78$(-0.29%/1H)
UNI: 6.9$(-0.82%/1H)
CAKE: 2.45$(-1.3%/1H)
SUSHI: 0.96$(-0.9%/1H)
ONE: 0.02$(-0.2%/1H)