Review on Cream Finance by Racheal Treasure
CREAM FINANCE REVIEW
The project was established in 2020, by Jeffrey Huang. This project is built on Ethereum blockchain, it is multipurpose DeFi protocol.
You just need to make deposit of digital asset to borrow money without any requirement of submitting any document or performing KYC. The asset deposited will form the part of collateral while stipulated percentage will be lend to you. It has various cryptocurrencies you can borrow, depending on your choice. It is not necessary to be the asset you deposited on the platform.
Staking on the platform also made easy even for the newbies in crypto world. The yield from the staking can be withdraw at your own time.
In my opinion, it swap platform also doing a great job. It fee is minimal compare with other.
Cream native token know has CREAM is based on ERC- 20 token. This asset is part of the bonus giving to borrower and lender on the platform and those who contribute to it liquidity. It can be kept on hot and cold Ethereum based wallet. It has been supported by well known exchange such as Binance crypto exchange.
It makes provision for many social medial you can contacted or login into for more information and enquiry. I will suggest that the team should keep the good work rolling because there are many similar project that is coming up in crypto community. To keep relevant they must keep all the hand on the desk and keep user updated about the new development.
In conclusion, the project is a good project with a lot of good features. I can recommend it to anyone.
Pros
- It is transparent
- It has well experience team
- No KYC required to have access to loan
Cons
- Time will tell if it will be able to stand
New products
Comments (2)
December 27, 2020
This project is an amazing project in my opinion. Though it is new it has achieve a lot in crypto world. Though presently the native token is not stable, it still of the higher value. It has many competitors that the team behind the project need to contend with.
December 06, 2020
I think this project is very helpful to many people especially in this time why getting access to loan by many people the world is not easy. i love it because it required to get access to loan is not much.
