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Cream Finance (CREAM) is the 473rd largest cryptocurrency in the world by market cap, valued at $37,989,857. The current price of Cream Finance is $12.99, which is 1.168% higher than yesterday. Prices have ranged between $13.24 and $12.73 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 05:02 UTC.
Cream Finance is a DeFi protocol built on the Ethereum blockchain. The protocol supports lending and borrowing, liquidity mining, exchange, payment, asset tokenization, governance and various Automated Market Maker (AMM) protocols (DEX and DEX-like services).
CREAM is the native token of the Cream Finance protocol, which is used as a governance token. Like Compound Finance from which it was forked, Cream Finance incentivizes users by rewarding them with CREAM tokens for both lending and borrowing. When you lend crypto to the liquidity pool, you will receive interest depending on the demand and supply of the asset and be rewarded with CREAM tokens for your contribution. CREAM tokens provide users with governance rights to have a say on the direction and development of the protocol. The blockchain-agnostic protocol first launched on Ethereum as a P2P lending platform and was subsequently ported to the Binance Smart Chain (BSC).
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