C.R.E.A.M. Communications #18
iceCREAM tokenomics (Phase I) Passes Community Vote, C.R.E.A.M. Finance Lists $EURt, Andre Introduces Fixed Forex, Leveraging the Iron Bank
Hi, C.R.E.A.M. Community.
The Listing Committee is hard at working improving C.R.E.A.M. Finance markets.
Recent updates from the LC include:
Learn more about the Listing Committee here.
iceCREAM Tokenomics (Phase I) Passes Community Vote
This week the CREAM community came together to vote through Andre’s iceCREAM tokenomics proposal. The community showed great support for the new $CREAM tokenomics, with nearly unanimous decision to vote it through.
iceCREAM turns CREAM into a productive asset which earns protocol fees.
iceCREAM tokens will have three main use cases - voting, staking, and boosting.
C.R.E.A.M. Finance Lists $EURt
C.R.E.A.M. Finance has made EURt, Tether’s euro-pegged stablecoin, available in its money markets to borrow and lend.
Today, there is $2,309,942.99 of EURt liquidity on C.R.E.A.M. ETH v1 market.
“We see a huge pent up demand for euro based stablecoins in the DeFi space,” said Paolo Ardoino, CTO at Tether Operations Limited in a press release Wednesday.
“We believe that C.R.E.A.M. Finance can further DeFi’s growth into the Euro-denominated market as a launch partner in EURt,” said Leo Cheng, co-Founder and project lead at C.R.E.A.M. in the release.
Andre Introduces Fixed Forex, Leveraging the Iron Bank
Fixed Forex has two core components, forex on-chain liquidity, and decentralized fiat on and off ramps.
Fixed Forex leverages Iron Bank, Yearn, Sushi, and Curve.
Fixed Forex is the collective name for USD, EUR, ZAR, JPY, CNY, AUD, AED, CAD, INR, and any other forex pairs launched under the Fixed Forex moniker.
All forex options can be minted via any of the accepted collateral on yearn.fi.
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