C.R.E.A.M. Communications #12
Arbitrum Launch, Listing Committee Selected, Revenue Metrics Update
Hi, C.R.E.A.M. Community.
Alpha LEAK 🚨🚨🚨🚨🚨
Coinbase Custody now supports $CREAM — we can all guess what happens next 👀
Weekly Recap
Arbitrum Launch
We are excited to announce that C.R.E.A.M. Finance will be launching our money market on Arbitrum.
Arbitrum is the first true layer 2 scalability solution created with full Ethereum Virtual Machine (EVM) compatibility. Arbitrum’s launch is a momentous event for the Ethereum ecosystem, and has been compared to the transition from dialup internet to broadband.
Listing Committee Members Selected
With the creation of the Listing Committee approved and snapshot voting has finished, we are happy to introduce the first-ever C.R.E.A.M. Listing Committee:
Kiba: Community Member & Defi protocols contributor
Calvin Chu: Community Member & former researcher of Binance
Ben Simon: Researcher of Mechanism Capital
Max (farmerdefi): Defi degen & Cream consultant from Dove Mountain
Rolf: Community Member & crypto project contributor
The Listing Committee will manage new asset listings and collateral factor changes on money markets on all chains.
This will enable C.R.E.A.M. to move faster and increase experimentation while remaining decentralized.
C.R.E.A.M. Revenue Metrics Update
Last week, we tweeted about the integration of the Iron Bank and BSC money markets into Defillama and CoinGecko data.
We also want to give a shout-out to Token Terminal for providing insightful and easy to consumer financial metrics.
As of June 14, C.R.E.A.M. Finance has cumulative revenues of $17.9M and a P/S ratio of 7.26x.
New C.R.E.A.M. Supported Assets
Ethereum
C.R.E.A.M. adds market support for $FEI
C.R.E.A.M. Improvement Proposals
C.R.E.A.M. Snapshot Votes
Approved Snapshot Votes
C.R.E.A.M. In The Media
What’s Ahead For C.R.E.A.M. Finance
Tokenomics
Thanks for reading - Feel free to follow us on Twitter and join our Discord to get in on the conversation.
-C.R.E.A.M. Finance