What is Cream Finance?
Cream Finance is Decentralized Finance (DeFi) Project based on Compound protocol with crypto lending dApps based project. Cream Finance has governance token i.e. $CREAM which is nothing but native token and medium on transaction. Platform introduced new novel solution on their platform that will facilitate basic DeFi feature like Lending, borrowing, Payments, Exchange, swap, market making and asset tokenization, staking.
However, Cream Finance initially deploy on Ethereum Blockchain following tradition of DeFi. Cream uses smart contract that can be uses to run on EVM for automated peer to peer transaction. now, C.R.E.A.M decided to launch algorithm money protocol based on Binance smart chain switching from Ethereum Network. Cream decision on moving Binance is to get advatanges from top cryptocurrency that pegged on Binance chain. Cream can link with Binance BEP2 standard tokens and other pegged token easily and also have lower cost and faster transaction.
In September 2020, Cream Finance brings two new awaited features i.e. token swap protocol and liquidity mining on 8th September 2020. Swap automated market maker is live and user on the lending platform easily change their collateral position and there is no need to leave platform. Cream Swap said to be fork of balance exchange platform and followed similar structure of uniswap.
Cream Price Prediction
|Month & Year||CREAM Price Prediction|
Cream Finance Overview
|Project name||Cream Finance|
|All-time high||$164 USD|
|Exchange Platform||Balancer, Uniswap v2, Bilaxy, Gate.io, 1inch Exchange, Bithumb Global, BW.com|
|Wallet||Metamask, Ledger, Trust Wallet|
Cream Price Analysis
Following launch of SWAP on Cream Finance the main native token sees 60% growth from $101 USD to $164 USD. Cream token currently active on uniswap, Balancer market and as of writing it already reaches $8 million worth daily market volume. in price history, Cream was falls down to $9 USD i.e. lowest of all time and since Its indexed-on CMC token following mix trend. however, ignoring neutral trend, Cream consistent with bullish trend where within 1 month it almost surged from $20 USD to today price $164 USD. In market cap list Cream expected to enter into top 100 list considering last 1 week stats of market cap volume.
Will Cream Coin reach $1000?
Yes, May be after 2025.
Is Cream Finance a Good Investment?
Yes, following trend of DeFi this is perfect time to invest in Cream.
Challenging Uniswap and Balancer now Cream Finance having advantage over DeFi Platform race. In current scenario most of DEX is charging huge gas fees for token swap and considering that issue Cream also launched their own Swap protocol that likely to have faster and low-cost transaction. nowadays yield farming picking trend in DeFi Project and to solve basic problem in farming Cream Finance user receive new Cream pool token (CRPT) while deposit in liquidity pool. so, in short Cream will change decentralized finance market along with multi asset support and users together. Cream after transfer on Binance Smart chain can make this project more unique than other traditional DeFi.