What is Cream Finance? How Do You Buy CREAM?



Buy and Sell Crypto

But then this question also arises, How does cream finance work?

Cream Finance is essentially a peer-to-peer bitcoin loan platform and trading. Liquidity mining is the basis for this sort of platform. CREAM is the token used by Cream Finance. CREAM is an ERC-20 standard token with governance and economic rights for its holders. 03.09.2021

How does cream crypto work?

CREAM is the token used by Cream Finance. CREAM is an ERC-20 standard token with governance and economic rights for its holders. Users may vote in network governance and get a portion of the revenues from token switching on CREAM’s decentralized exchange (0.05 percent of the 0.25 percent charge) (DEX). 03.09.2021

How do you lend on cream Finance?

Cream Finance is a company that makes loans. To borrow cryptocurrency on Cream Finance, you must deposit a quantity of cryptocurrency (in USD) that is more than the amount of cryptocurrency you would be borrowing, much as on Compound Finance (in USD). 24.09.2020

Related Questions and Answers

What happens to cream finance?

What went wrong? CREAM Finance was hit by a flash loan on October 27, 2021, about 7 a.m. PST. Because of a succession of complex and advanced measures, the assault was effective, and it was most likely well-planned ahead of time. 29.10.2021

How do I buy $cream?

How to Make Cream from Milk (with Pictures) wikiHow\s3,5\s(80) Make-Cream-from-Milk (https://www.wikihow.com/Make-Cream-from-Milk) -\sHomemade Cream that has been clotted Curious Cuisiniere 4,4 (241) 24 Std. Curious Cuisiniere 4,4 (241) 24 Std. Homemade Whipped Cream Cookie and Kate (https://www.curiouscuisiniere.com/clotted-cream/) 4,8 (29) ten minutes https://cookieandkate.com/recipes/best-whipped-cream/

What assets does cream BSC support?

finance. cream You may then start lending and borrowing tokens. BNB, BUSD, BTC, ETH, XRP, BCH, and LTC are among the tokens that will be supported at launch. We’ve been teasing you for for two months now. C.R.E.A.M.11.09.2020

How does Flash loan work?

Simply explained, in a fast loan, cash are borrowed and reimbursed in a single transaction within seconds. The smart contract specifies the conditions and executes real-time transactions on the borrower’s behalf using the borrowed funds. If the flash loan is profitable, a fee of 0.09 percent is usually levied. 22.01.2022

Why cream coin dropped?

The finance token fell for the second time in less than a month on Saturday. The first time was after an assault depleted Cream’s finances, and the most recent occasion was when Cream revealed its intention to compensate the victims. 13.11.2021

How did cream Finance get hacked?

The following are the stolen crypto assets from Cream Finance: The attacker used MakerDAO’s DAI to produce a huge number of yUSD tokens while also taking advantage of the yUSD price oracle computation.” 05.11.2021


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