What is Cream Finance Crypto Currency? Cream Finance is a decentralized financial computable protocol for lending, borrowing, and yield farming. It has its own native utility token, CREAM. It was conceptualized by Victor Fan, a blockchain enthusiast and entrepreneur. The Cream Finance project enables users to leverage their digital assets through decentralized protocols, and offers financial services such as staking, lending, borrowing, and trading. The team behind Cream Finance includes a number of important figures in the crypto-industry such as the Ethereum co-founders Anthony Di Iorio & Vitalik Buterin, and many more. Who Founded it? Cream Finance was founded in 2020 by Victor Fan. He is a blockchain enthusiast and entrepreneur with a master's degree in economics. Fan is credited with introducing Blockchain-as-a-Service (BaaS) models, which are used to develop and manage applications on behalf of third parties in the cloud. He is also founder of multiple blockchain projects such as Cryptocean, a crypto digital asset portfolio, and Wizfund, a decentralized investment fund. What Makes it Unique? Cream Finance is a comprehensive decentralized financial protocol that allows users to leverage their digital assets. It combines smart contracts and algorithmic tokens on the Ethereum blockchain. Unlike other cryptocurrency projects, Cream Finance is focused on unlocking the potential of decentralized finance. It offers users multiple ways to get returns on their digital assets, including staking, lending, borrowing, and yield farming. The platform is built on the concept of composability, which allows users to combine multiple financial services such as staking, lending, and borrowing into a single financial product. Cream Finance also has an innovative model for liquidation, which minimizes collateral losses for borrowers in bad debt scenarios. Where is it Used? CREAM token is used to power the Cream Finance network. It is the native asset of the platform and can be used to access various financial services such as staking, borrowing, and yield farming. Token holders can also participate in governance decisions and earn rewards. Where to Buy/Sell It? CREAM tokens can be purchased and sold on a number of reputable exchanges, including OKEx, KuCoin, Huobi, Bitmax, Hotbit, and Uniswap. Tokens can also be purchased directly from Cream Finance with Ether (ETH).
