C.R.E.A.M. Finance stands at the forefront of decentralized finance as an open, inclusive, and permissionless financial system built on smart contracts. Originally established as a consumer financial service provider in Latvia in 2012 under creamfinance LLC, the mission has evolved to make money available by providing fast, convenient online consumer loans. Today, C.R.E.A.M. Finance is known as a decentralized lending and trading platform that leverages liquidity mining, automated market making, and a robust governance system. At the heart of this ecosystem is the native governance token, $CREAM, which empowers its community to participate in critical decisions regarding liquidity pools, supported asset types, platform parameters, and more.

As C.R.E.A.M. Finance continues to innovate and expand across multiple blockchain networks, its mission to provide liquidity, optimize capital efficiency, and empower its community through decentralized governance remains at the forefront. For anyone interested in decentralized finance—whether as a liquidity provider, borrower, or governance participant—$CREAM represents a dynamic opportunity to engage with one of the industry’s most pioneering projects.

$CREAM (Cream) is a transformative token that not only fuels a decentralized lending protocol but also champions an inclusive and efficient financial ecosystem. Its blend of robust technology, community-driven governance, and cross-chain interoperability positions C.R.E.A.M. Finance as a leader in the evolving world of DeFi, promising to continue driving innovation and reshaping the landscape of digital finance for years to come.

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What Is C.R.E.A.M. Finance?

C.R.E.A.M. Finance is a decentralized lending protocol designed for individuals, institutions, and protocols to access financial services in a permissionless, transparent, and non-custodial manner. As a protocol that emerged as a fork of Compound Finance, C.R.E.A.M. Finance has since expanded its services across multiple blockchain networks. Today, it is live on Ethereum, Binance Smart Chain, Polygon, and Fantom. The protocol’s smart contract money markets are specifically focused on longtail assets, with the aim of increasing capital efficiency across the entire crypto market.

Users on C.R.E.A.M. can lend any supported asset on the platform and use their deposited capital as collateral to borrow another asset. The platform offers a wide range of tokens on its money markets—including stablecoins such as USDT, USDC, BUSD; interest-bearing stablecoins like yCRV and yyCRV; prominent DeFi tokens such as YFI, SUSHI, and CREAM; LP-tokens from pairs like USDC-ETH SLP and WBTC-ETH SLP; and other leading cryptocurrencies like ETH and LINK. In addition, the protocol uses a reserve factor to determine the percentage of fees paid to the C.R.E.A.M. protocol, while the collateral factor defines the maximum borrowing capacity for a given asset.

Key Features of C.R.E.A.M. Finance

C.R.E.A.M. Finance’s innovative approach to DeFi is driven by several key features:

• Decentralized Lending and Borrowing: C.R.E.A.M. Finance enables users to deposit assets and earn yield, much like a traditional savings account, while using those assets as collateral to borrow other tokens.

• Liquidity Mining and Yield Farming Rewards: Users who supply liquidity to the platform are rewarded with $CREAM tokens. Part of the loan interest and transaction handling fees are collected and distributed as rewards to token holders.

• C.R.E.A.M. Swap: This decentralized transaction protocol, forked from Balancer’s code, facilitates efficient and automated swaps.

• Governance and Voting: $CREAM serves as the native governance token. Token holders are empowered to vote on critical decisions, such as the addition or removal of liquidity pools, the asset types supported by the platform, and adjustments to platform parameters.

• Automated Market Making: The protocol helps provide liquidity to vital DeFi assets through AMM strategies, collecting swap, lending, and borrowing fees to distribute among participants.

• Interoperability and Composability: As an ERC20 token on Ethereum, $CREAM can operate within Ethereum Virtual Machines through smart contracts. This flexibility allows users to create DAOs and plug various financial services into one another, enhancing the overall composability of the ecosystem.

C.R.E.A.M. Finance Ecosystem and Supported Networks

C.R.E.A.M. Finance is not limited to a single blockchain. Its open-source and blockchain-agnostic design means it serves users across multiple networks. In addition to Ethereum, the protocol has gone live on Binance Smart Chain (BSC) and Fantom, and is part of the yearn.finance ecosystem. This cross-chain approach enables the protocol to reach a wider audience and provide access to a diverse set of assets, thereby enhancing capital efficiency for all supported assets.

Token Utility and Governance

The $CREAM token is the native governance token of the C.R.E.A.M. Finance ecosystem. It provides holders with several key functionalities:

• Lending, Borrowing, and Staking: Users can leverage their $CREAM tokens to lend and borrow assets or stake them to earn rewards.

• Governance: Token holders participate in the governance of the protocol by voting on decisions such as which assets to support or delist, adjustments to platform parameters, and the management of liquidity pools.

• Incentives for Liquidity Providers: By supplying liquidity to various pools, users not only earn interest but also receive cash token rewards in the form of $CREAM, which further incentivizes participation in the ecosystem.

One of the unique aspects of C.R.E.A.M. Finance is its design inspired by the Compound cToken model and governance scheme. This bifurcated approach ensures that the protocol remains both efficient and inclusive, as it leverages proven models from established DeFi projects.

$CREAM Founders and Token Allocation

C.R.E.A.M. Finance was founded by Taiwanese entrepreneur Jeffrey Huang, who self-described as the “semi-benevolent dictator of CREAM” at launch. Huang is also the founder of Mithril (MITH), an Ethereum-based social media platform. His leadership, along with input from expert advisers (including Compound founder Robert Leshner), has been crucial in shaping the protocol’s security and governance practices.

The token allocation for $CREAM is structured as follows:

• Team and Advisors: 10% (900,000 tokens), with 75% vesting over four years and a six-month cliff.

• Seed Funding: 10% with a four-year vesting period and a one-year cliff.

• Liquidity Providers Incentives: 20% (1.8 million tokens) allocated to incentivize liquidity providers.

• Governance: 60% (5.4 million tokens) is allocated for governance, ensuring that the community has a significant voice in the protocol’s future.

$CREAM Token Supply and Circulation

Understanding the token supply is vital for assessing a cryptocurrency’s market dynamics. For $CREAM:

• Total Supply: 9 million coins

• Circulating Supply: Approximately 150,000 coins are currently in circulation, with more tokens being released monthly to stakeholders and liquidity miners.

• Max Supply: The maximum supply is 9.00 million $CREAM coins.

• Fully Diluted Market Cap: $55.93 million

These figures indicate that while the current circulating supply is relatively low, the token is designed to have a controlled release schedule that will gradually increase the supply over time, maintaining scarcity and potentially driving value as adoption grows.

Security and Protocol Integrity

Security is a paramount concern in the DeFi space. C.R.E.A.M. Finance has chosen not to undergo an official third-party audit of its smart contracts at this time. Instead, Jeffrey Huang relies on expert advisers and internal security measures, including code inspections and the management of a multisig wallet, to safeguard user funds. This approach, while non-traditional, reflects the protocol’s confidence in its technical team and the measures it has implemented to maintain security.

Market Data and Performance

The market performance of $CREAM provides valuable insight into its position within the broader DeFi ecosystem. Here are the key metrics:

• Market Cap: $14.41 million

• Circulating Supply: 2.32 million $CREAM

• Release Date: August 31, 2020

• All-Time High: $374.1 (achieved on February 04, 2021)

• All-Time Low: $5.27 (recorded on March 11, 2025)

• Fully Diluted Market Cap: $55.93 million

• Total Supply (Adjusted): 2.92 million $CREAM

• Market Cap/Total Circulating Ratio: 25.76%

• Number of Holding Addresses: Approximately 9.29K

• Market Sentiment: Positive

• Contract Address: ◆0x2b…b200

Additionally, C.R.E.A.M. Finance has attracted investments from prominent industry players such as Alameda Research. These market metrics and investor endorsements underscore the token’s established position and the community’s confidence in its future growth.

(All data is valid as at the time of writing, 20th Mar 2025)

How Does C.R.E.A.M. Finance Work?

At its core, C.R.E.A.M. Finance operates as a decentralized lending and borrowing platform. Users deposit supported assets into the protocol’s money markets, earning interest much like a traditional savings account. These assets can then be used as collateral to borrow other tokens, facilitating a wide range of financial activities without the need for centralized intermediaries.

The protocol collects swap, lending, and borrowing fees from its users. A portion of these fees is distributed to $CREAM token holders as rewards, incentivizing liquidity providers and fostering an ecosystem of active participation. The reserve factor determines the percentage of interest fees allocated to the protocol, while the collateral factor governs how much a user can borrow relative to the value of their deposited asset. For example, if ETH has a collateral factor of 75% and is priced at $1,000, a user can borrow up to $750 worth of other assets.

What Makes C.R.E.A.M. Finance Unique?

Several distinguishing features set C.R.E.A.M. Finance apart from other DeFi platforms:

• Automated Market Making (AMM): The platform provides liquidity to key DeFi assets, ensuring that users can seamlessly lend, borrow, and trade assets.

• Inclusive and Permissionless: As a permissionless, open-source protocol, C.R.E.A.M. Finance is designed to be accessible to anyone, promoting financial inclusion.

• Yield Farming Rewards: Users are incentivized to supply liquidity with $CREAM tokens, creating a positive feedback loop that enhances platform growth.

• Governance and Community Empowerment: Through its native token, $CREAM, the platform enables decentralized governance. Token holders vote on asset support, liquidity pool adjustments, and other critical parameters, ensuring that the community drives the protocol’s evolution.

• Cross-Chain and Ecosystem Integration: Operating on Ethereum, Binance Smart Chain, Polygon, and Fantom, C.R.E.A.M. Finance maximizes capital efficiency across diverse blockchain networks, increasing access to a wide range of digital assets.

The Future of C.R.E.A.M. Finance

Since its unexpected launch on the Ethereum network on August 3, 2020, via the YOLO liquidity pool, C.R.E.A.M. Finance has grown into a major player in the DeFi space. Its subsequent launch on Binance Smart Chain in September 2020 further expanded its reach. As the protocol continues to evolve, it aims to support an ever-growing list of assets critical to the DeFi sector—including major stablecoins, governance tokens, and leading cryptocurrencies like ETH, renBTC, and LINK.

The continuous development of yield farming incentives, governance enhancements, and cross-chain integrations is expected to further solidify C.R.E.A.M. Finance’s role as a key infrastructure provider in decentralized financial services.

Image Source: Coinmarketcap CMC

How to Buy $CREAM On Gate.io

Step 1: Register for an Account

Start by visiting Gate.io and clicking on “Sign Up” to create your account. Enter your email address, create a secure password, and follow the registration instructions.

Step 2: Complete the KYC Verification

To ensure your account is secure and compliant with global regulations, complete the Know Your Customer (KYC) process. This usually involves submitting a government-issued ID and possibly a selfie. Proper verification increases your account’s security and unlocks full trading features.

Step 3: Deposit Funds

Once your account is verified, deposit funds into your Gate.io wallet You can use various methods, such as bank transfers, credit or debit cards, or even other cryptocurrencies. Make sure you deposit enough funds to cover your desired investment as well as any applicable fees.

Step 4: Locate $CREAM

In the trading section of the platform, use the search bar to find $CREAM. Gate.io typically lists $CREAM with various trading pairs, such as $CREAM/USDT. Review the current market price and available order options before proceeding.

Step 5: Place Your Order

Decide whether to place a market order or a limit order. A market order will execute immediately at the current price, while a limit order lets you set your own price. Enter the amount of $CREAM you wish to purchase, review the order details carefully, and then confirm the transaction.

Step 6: Secure Your Investment

After purchasing $CREAM, it is advisable to transfer your funds to a secure personal wallet. Hardware wallets, like Ledger or Trezor, provide robust security by keeping your assets offline. Alternatively, reputable software wallets can also be used to store your $CREAM securely.

Conclusion

$CREAM (Cream) is much more than a simple governance token; it is the cornerstone of a decentralized ecosystem that is reshaping how financial services are accessed and delivered in the digital age. Through its innovative lending and borrowing protocols, liquidity mining rewards, and permissionless governance, C.R.E.A.M. Finance empowers individuals, institutions, and protocols alike to participate in a transparent and inclusive financial system.

With robust market metrics—including a market cap of $14.41 million, a circulating supply of 2.32 million tokens, and impressive all-time performance data—$CREAM has demonstrated its resilience and potential in the competitive DeFi landscape. The careful allocation of tokens, the strategic insights of its founder Jeffrey Huang, and backing from influential investors like Alameda Research all contribute to a promising future for the platform.

Disclaimer: Cryptocurrency investments carry risks. Always conduct thorough research before investing.