C.R.E.A.M. Communications #11
$CREAM Whitelisted on Bancor, CoinGecko and DefiLlama Updates, Staking Service Revenues
Hi, C.R.E.A.M. Community.
As noted by Andre Cronje, the Iron Bank is gaining a lot of traction. $587M+ of borrowed assets have been reached on June 6th — a new all-time high and a 60% month-over-month increase.
PS- Please vote to select the members for the C.R.E.A.M. Listing Committee on snapshot!
Weekly Recap
Staking Services Revenues
$CREAM Whitelisting on Bancor
Last week, we highlighted the proposal by Glenn to whitelist $CREAM on Bancor — with a co-investment of 200K $BNT.
We are pleased to announce the Snapshot vote has been approved. Users can now stake single-sided $CREAM on Bancor & earn swap fees in $CREAM with protection from impermanent loss.
CoinGecko and DefiLlama Data Updates
As requested by our community member Kiba, Iron Bank and BSC markets have been integrated to DefiLlama and CoinGecko — TVL is now at $1.58B.
C.R.E.A.M. has three sources of TVL (IronBank, Staking, Money Markets).
To prevent double counting liquidity, the following assets are ignored in the TVL calculation:
CRETH2 as collateral
Iron Bank LP tokens
Moreover, borrowed money is not considered TVL on DefiLlama. The calculation is TVL = Supply - Borrow.
Staking Services Revenues
Recently, C.R.E.A.M. formally announced the launch of our Staking Services business.
On BSC, earnings to date since the launch of our node is 578 BNB. All fees generated from Staking Services belong to DAO/protocol as revenues.
On Fantom, C.R.E.A.M. currently has around 3.1M FTM staked.
On Ethereum, you can stake to Eth2 here.
On Fantom, you can stake to our node here.
On BSC, you can see/delegate to our validators here.
New C.R.E.A.M. Supported Assets
Ethereum
C.R.E.A.M. Snapshot Votes
Ongoing Snapshot Votes
Approved Snapshot Votes
What’s Ahead For C.R.E.A.M. Finance
Tokenomics
Arbitrum
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-C.R.E.A.M. Finance