Cream Finance is an open and inclusive financial system based on smart contracts. Creamfinance LLC, a consumer financial service provider, was established in Latvia in 2012 and has gained a large number of users. Creamfinance's mission is to make money work by providing consumer loans online in a convenient and fast way.
Cream Finance is a decentralized lending and trading platform utilizing liquidity mining.
The CREAM token is the platform's native governance token. CREAM token holders can vote on the addition and removal of liquidity pools, asset types supported by the platform, platform parameters, etc. Users can obtain CREAM token rewards by providing liquidity to the liquidity pool and participating in platform governance.
C.R.E.A.M. Swap is the platform's decentralized trading protocol, forked from Balancer's code. Part of the loan interest and transaction fees will be collected by the platform and distributed to CREAM token holders as rewards. The loan pool and governance structure of Cream Finance is a code fork of the Compound cToken model and governance scheme.