Whitepapers Cream Finance CREAM White Paper Explained Summary

Cream Finance CREAM White Paper Explained Summary

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Cream Finance CREAM White Paper

Summary:

-Cream Finance CREAM is a decentralized lending protocol for individuals and protocols to access financial services.
-The protocol is permissionless, transparent, and non-custodial.
-Cream Finance CREAM’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).

Explained – Cream Finance CREAM White Paper. Learn in depth about differnet coins on the blockchain by understanding whitepapers.

There is a lot to learn about this futuristic tech, lets get started to dive into the Cream Finance CREAM white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

We will deep dive into how the coin works by understanding the whitepaper and its summary. Cream Finance CREAM.

Lets understand Cream Finance CREAM after going through the Cream Finance CREAM white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

Cream Finance CREAM White Paper

Cream Finance CREAM white paper will be going to provide you, all the information that is needed to get started with Cream Finance CREAM, including the inspiration for creating, the problem it is trying to solve and the solution proposed by Cream Finance CREAM.

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Introduction

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. Finances 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.

White Paper Link: Cream Finance CREAM White Paper

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