Crypto Rules Everything Around Me, commonly known as CREAM is part of the decentralized platform available on both Binance Smart Chain (BSC) and Ethereum Chain.
This platform helps lenders and borrowers promote transactions, exchange cryptocurrencies, perform liquidity mining, and access governance features through the CREAM token.
They have launched a zero-collateralized lending service known as Iron Bank. The members can borrow and lend over 40 supported cryptocurrencies on CREAM.
Founded in the year 2020 by Jeffry Haung, CREAM has three core products. They are Decentralised lending protocols, Decentralised exchange protocols, and CREAM tokens.
CREAM crypto is a part of the yearn finance ecosystem. It is open source, blockchain agnostic protocol serving and permissionless available on BNB chain, Polygon, Fantom, and Ethereum.
What is CREAM Cryptocurrency?
CREAM is a segregated finance protocol to aid lending, receiving, swapping, payment, and tokenization for several cryptocurrencies. This platform helps its customers supply their resources to liquid reserves and take on money concerning those assets.
Cream finance protocol was bought as a compound finance fork whereas cream swap exchange is in line with the code of Balancer labs. This program allows permissionless, open-source, blockchain-agnostic and provides yield farming rewards for customers.
Market Cap: $41,353,411
24 hour trading volume: $22,123,472
Total Supply: 9,000,000
Max Supply: 9,000,000
Chains: Ethereum Ecosystem, BNB Chain Ecosystem, Polygon Ecosystem, Arbitrum Ecosystem, Fantom Ecosystem
Key Factors of Cream Crypto
- Users can swap from one token to another using the cream swap. It is a decentralized exchange that employs an Automated Market Maker (AMM).
- The amount of available cream swaps is limited. The exchange fee of CREAM is low compared to others making it a desirable option.
- Members can provide liquidity to the pools on CREAM Swap. However, it is unclear about the amount of earnings from liquidity.
- CREAM services are similar to the other original protocols in the DeFi ecosystem. Its lending attribute is an exact copy of the Compound Finance lending protocol.
- CREAM token allocations: 10% of currency to the team and guides, 75% of that will vest over 4 years and a 6-month cliff – 10% will be used as capital with 4 years vesting – 20% will be used to actuate liquid providers – 60% is for the governance.
- CREAM uses expert advisers to enhance security, manage the wallet, and inspect code to keep the user’s fund safe.
Where can you buy Cream Crypto?
Similar to the functioning of traditional savings accounts, CREAM facilitates its users to earn benefits from passively holding wBTC or ETH assets. You can buy Cream crypto from the below-mentioned exchanges:
Future Price Prediction of CREAM
At the time of writing CREAM is at a 24-hour trade volume of $22,053,013 presenting a 52.00% increase from a day ago.
We have calculated the future price prediction of CREAM till the year 2030. As per the trading signals and other factors, the next seven-year prediction for CREAM is as follows:
Year | Minimum Price Prediction | Maximum Price Prediction |
2024 | $54.47 | $63.76 |
2025 | $82.54 | $94.16 |
2026 | $114.25 | $124.36 |
2027 | $172.51 | $200.07 |
2028 | $256.29 | $296.45 |
2029 | $378.42 | $448.59 |
2030 | $533.45 | $663.32 |
How can you buy the Cream Crypto?
While purchasing Crypto, it is important to check if the exchange accepts users from your country. Moreover, some exchanges are better for customers who need to buy and stake, while others provide active crypto trading.
It is also important to check whether the exchange grants all the trading features you might require. Lastly, before buying you must research the CREAM Finance ecosystem.
You can easily purchase CREAM Crypto from Binance, CoinEx, gate.io, and MEXC. We have made the purchasing process simpler. You can easily buy and trade CREAM Crypto following the below-mentioned steps:
Step 1: Choose a Crypto exchange and create a free account.
Step 2: Initiate the payment with a credit card or debit card
Step 3: Visit the trading page and spot the required Crypto pair.
Step 4: Purchase CREAM CRYPTO
Step 5: Keep track of your performance
What makes CREAM unique?
CREAM assures liquidity to predominant Defi sectors like the stablecoins USDT, USDC, BUSD, YCRV, governance tokens like COMP, BAL, TFI, LEND, CRV, and other prominent cryptocurrencies like ETH, renBTC, and LINK. It helps in plugging different financial services into each other, i.e. the users can generate DAOs for their community.
The tokens are held for up to four years to gather rewards. Take note that there is no admin unlock available which will result in receiving one’s reward only at the end of the hold-up.
Is Cream Crypto a credible investment?
CREAM is the native built-in currency of CREAM finance. The founder of CREAM is also the founder of MITH an Ethereum-based social media platform. If you have analyzed the prolonged potential of the Cream Finance platform, then you would invest in the CREAM token.
CREAM holders can participate in the administration of the Cream Finance protocol by voting on suggestions regarding protocol upgrades, changes of parameters, or the addition of new assets.
Additionally, cash providers who hold up their resources in Cream Finance pools get Cream tokens as grants. As per the evaluation, CREAM has the potential to yield future value in the blockchain ecosystem.
Like any form of Cryptocurrency investment, it is essential to research thoroughly and consider the correlated risks before investing in any digital assets.
Related Articles: TensorSpace (TPU) Price Prediction 2024-2030, Where To Buy, Is It A Good Crypto Investment?