CREAM is mooning now guys. They cloned the balancer platform and they are launching their SWAP exchange 11PM UTC+8 today September 8th.
Huge incentives for liquidity providers in the CREAM pools.
If all the CREAM in circulation is provided as collateral (unlikely), that will be 800% APY guaranteed, regardless of price. Currently around 55% of CREAM is locked, so we can expect APY around 1400%.
This is the hottest project in crypto now.
Here is the announcement:
https://medium.com/cream-finance/swap-launch-v5-beta-liquidity-mining-cf6a684f20bdYeah I've been watching this. Up from $100 9 hours ago to $162 currently. Not sure what's driving it up, but it's a good momentum so far. It's crazy how most creators are diving into DeFi these days.