C.R.E.A.M. Communications #25
C.R.E.A.M Launches on Arbitrum, New Look Iron Bank, Leo Featured on Yap Cast, iceCream Stakers Get Paid ycrvIB
Hi, C.R.E.A.M. Community.
This week, C.R.E.A.M. Finance announced the winners of our Open Defi Hackathon bounties.
Register here to watch the winners of the Hackathon present live Wednesday, September 22nd.
Weekly Recap
C.R.E.A.M. Launches on Arbitrum
New Look Iron Bank via Yearn v3
Leo Featured on Yap Cast
iceCREAM distributes $51k in Protocol Fees
C.R.E.A.M. Launches on Arbitrum
Ethereum scaling is taking the next step forward with the launch of Arbitrum.
C.R.E.A.M users can experience the power of L2 by taking advantage of near-instant confirmations and significantly reduced gas fees. Currently, users can supply and borrow ETH, USDC, and USDT.
New Look Iron Bank via Yearn v3
The new Iron Bank UI on beta.yearn.finance is a sight to behold!
Easy to understand, delightful to use, and of course...tasty yields.
Yearn had this to say about their design goals:
Rebuilt from the ground up, v3 is the realization of a shared vision of a lightweight, scalable system ready for the multichain future.
Leo Featured on Yap Cast
Leo Cheng sat down with Samantha Yap to breakdown practical personal finance topics and illustrate the importance of decentralized lending.
This is a high level discussion and suitable for non-crypto people to learn about how lending and borrowing differs between traditional banking and crypto.
Also, did you know Leo put together a twitter list he uses to help stay on top of things? You can follow that list here.
Listen to the full discussion here.
iceCREAM distributes $51k in Protocol Fees
iceCream stakers continues to collect protocols fees.
Based on current parameters, long term stakers are currently receiving about 35% APY.
When doing your own calculations, remember the yv-CurveIB tokens used to distribute rewards are worth approximately $1.10 each.
Listing Committee Snapshot Votes
ETH v1 Update: Raise $WOO collateral cap ✅
ETH v1 Update: Raise $GNO collateral cap ✅
FANTOM Update: Raise Collateral Cap of $ETH, $YFI, $SUSH ✅
ETH v1 Update: Raise $YGG collateral cap ✅
What’s Ahead For C.R.E.A.M.
1 Year Staking unlock
MetaFactory x C.R.E.A.M 👀
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-C.R.E.A.M. Finance