C.R.E.A.M. Communications #17
Iron Bank x PleasrDAO partnership, iceCREAM Tokenomics Proposal, Mechanism Capital Tweets About C.R.E.A.M. Protocol Growth
Hi, C.R.E.A.M. Community.
This week Chiefess of the Defiant, Camila Russo assembled the top voices from the biggest lending protocols in town from Compound, Aave, MakerDao and C.R.E.A.M. Finance for a spirited debate on the world of DeFi lending.
(Pretty impressive for C.R.E.A.M. to be considered a defi lending giant by the Defiant, just one year after forking Compound)
Check out what Leo had to say about C.R.E.A.M. Finance and defi lending markets.
Watch the full discussion here.
Weekly Recap
Iron Bank x PleasrDAO partnership
In partnership with PleasrDAO, C.R.E.A.M. Finance is pleased to announce the first DAO-to-DAO loan using the Iron Bank. A $3.5m loan has been provided and is backed by a basket of historical Foundation NFTs.
This loan is backed by 4 historic NFT:
Learn more about the partnership here:
iceCREAM, CREAM Tokenomics Proposed by Andre
Andre Cronje, Founder of Yearn Finance, posted on the C.R.E.A.M. Finance forum outlining plans for updated $CREAM tokenomics.
Highlights of the proposed tokenomics include:
Lock CREAM between 1 week to 4 years to receive iceCREAM.
iceCREAM becomes non-transferable and non-tradeable.
50%+ of Protocol Reserves going forward will be distributed as ycrvIB tokens to iceCREAM stakers.
1 iceCREAM = 1 vote in the future of C.R.E.A.M. Finance governance.
iceCREAM staked translates to voting power which can be used to determine allocation of CREAM token liquidity mining by chain and market (e.g.- Ethereum, ETH).
Mechanism Capital Tweets About C.R.E.A.M. Protocol Growth
Read through the full twitter thread here:
Highlights include:
Listing Committee Votes
What’s Ahead For C.R.E.A.M. Finance
iceCREAM Proposal Vote
C.R.E.A.M. Finance Quarterly Financial Report
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-C.R.E.A.M. Finance