We look at Cream Finance in this article. Decentralized Finance (DeFi) is on the rise. Financial products on the blockchain seem to be the future according to many, and for good reason. The problem with new developments on the blockchain is often that it also attracts the wrong people.

You can quickly see this due to an excessive return and unrealistic objectives. Cream Finance works in the background on a good protocol and combines the best of all available techniques.

In this article we are therefore going to look at Cream Finance. We look at the Cream Finance forecast, the CREAM coin and the use case. We hope this gives you a better picture of the protocol and its potential. What will the Cream Finance crypto do?

What is Cream Finance?

Cream Finance is a DeFi protocol created on the Ethereum blockchain. It is a platform on which people can borrow and lend crypto, a lending platform. The technique used on this protocol is based on Compound and the exchange on Balancer Labs. The project runs on the Binance Smart Chain. CREAM stands for ‘Crypto Runs Everything Around Me’.

Yield Farming is offered on the Cream Finance platform. Users can provide liquidity by depositing the cryptocurrency. This is used by the protocol to lend, among other things, and the users receive the interest (yield) for this in return.

By means of Automated Market Making, users on this protocol can provide liquidity themselves in exchange for a reward. The platform is intended to provide you with a choice of the largest cryptocurrency such as COMP, BAL, LEND, CRV and various stablecoins.

Investors who want to borrow money from the protocol must deposit USD as collateral. At the moment you can borrow up to 60% of your collateral (collateral) and there is therefore talk of ‘overcollateralization’. Does the value of your collateral (USD) decrease the moment you have a loan outstanding? Then part of your collateral is sold to other users of the network.

The interest you can earn on your cryptocurrency depends on the demand. The more demand there is for a particular coin for a loan, the higher your yield will be. Yield farming is a popular way to earn passive income on your crypto assets that would otherwise be gathering dust in your wallet.

By staking the Cream Finance coin you will receive a portion of the trading fees paid in the trading pools. You offer liquidity and are therefore entitled to a portion of the proceeds on the platform. Moreover, if you have CREAM tokens in the works, you can vote on the direction of the project.

What does the Cream Finance rate do?

Since August 2020 we can find Cream Finance on coinmarketcap. It has seen some significant spikes since then, though the lower bound appears to be quite stable. The current Cream Finance rate is $ 17.15.

The Cream Finance token is issued without pre-mine. All coins come into the world as a reward for liquidity miners, for the team or for running the project. 10% of all CREAM coins are for the team. These will be released after two years. Another 10% of are for the first investors. 20% for liquidity providers and the remaining 60% for running the protocol.

It is always good to keep an eye on the price when researching Cream Finance. This is what CREAM’s price difference was in the past 24 hours -7.66%. Below you will find the Cream Finance price chart.

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What is the Cream Finance forecast for 2022 – 2027?

As we say about every coin, it is difficult to outline a precise Cream Finance forecast. The cryptocurrency market is volatile and especially for projects in the DeFi world.

As we mentioned earlier, the DeFi world is very popular. More and more people are using these kinds of protocols to arrange money matters. Yield farming in particular is very interesting because as a liquidity provider you can earn interest on your crypto assets.

A side note that we can immediately make is the amount of lending platforms that have sprung up in the last year. You can see from this how interesting the use case of Cream Finance is, but also how big the competition is.

It is impossible to have an unlimited number of lending platforms. All pools need liquidity. It is therefore likely that all users will eventually move to a select group of protocols with the best conditions. If Cream Finance becomes one of these projects, then this is good for the Cream Finance crypto expectation.

CREAM can distinguish itself by offering good interest rates and, above all, a safe protocol. There have been many protocols in the past that have been emptied by a hack or exploit. If the CREAM protocol can show itself on the positive side due to good yields and undisputed safety, then the Cream Finance outlook for the future is rosy.

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What is the use of the CREAM coin?

We cannot give you an exact Cream Finance price forecast for y]– 2027. We have already explained that there are too many factors that can influence this. On the one hand this is the general sentiment in the market and on the other hand it is the extent to which the team is able to distinguish itself from the other DeFi lending protocols.

In addition to the data mentioned on this page, you can, for example, look at the trading volume of the Cream Finance coin ($ 3,111,588). This is often a good indicator of how popular the CREAM token is.

You can also keep an eye on the scarcity when you research the Cream Finance forecast. To do this, you compare the total supply (766,535 CREAM) with the maximum supply (9,000,000 CREAM). The more CREAM coins have already been issued, the scarcer it will be in the future. This is generally positive for the future CRAEM price.

In the past seven days, Cream Finance’s price difference 2.13%. For a long-term investment, it is better to look further ahead.

Huidige supply 766,535 CREAM Maximale supply 9,000,000 CREAM
% difference 24h -7.66% % difference 7D 2.13%

Where to buy CREAM?

You can earn Cream Finance by participating in the Yield Farming on the platform. For example, you can first buy Cream Finance on the Binance exchange. If you don’t have an account here yet, you can create one via the link below. Then you will receive 10% off forever on your trading costs.

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Binance The largest exchange in the world, large assortment and many extras such as staking & ICOs 2/5 Visit exchange

The latest Cream Finance news

We have already mentioned a number of important things on this page that you can consider in your research into the Cream Finance forecast for the future. The use-case and the historical price are important for this, just like the Cream Finance coin. The last factor is the latest news. By following this you know exactly what will happen with the project and how active the team is still.