C.R.E.A.M. Finance to Serve the Money Markets of Polygon
C.R.E.A.M. Finance has finally been introduced to Polygon, and now the financial platform is ready to cater to the money markets of Polygon. According to Matic predictions, the integration shall be beneficial for the money markets of Polygon. C.R.E.A.M. Finance is a decentralized finance platform that offers lending-based services in multiple cryptocurrency assets across different Blockchains. The platform of C.R.E.A.M. Finance is driven by a protocol of decentralized lending of cryptocurrency assets to institutions, individuals, and other protocol-driven platforms. And, the platform of Polygon is known for its services of Ethereum scaling and development of Ethereum infrastructure. The core module of Polygon is the Polygon SDK that provides a framework for the support and connection of Secured Blockchains, such as PLASMA, Validium, ZK-Rollups, Optimistic Rollups, and more. Polygon SDK also supports and connects Standalone Blockchains that include Polygon POS.
The money markets of Polygon are prepared for the facilitation of incentivized mining of liquidity. With the help of the Blockchain-agnostic protocol of C.R.E.A.M. Finance, the money markets shall be able to attain more capital efficiency, especially for the long-tailed cryptocurrency assets that operate across different Blockchains. The integration between the decentralized and permission-less protocol of C.R.E.A.M. Finance and Polygon will help increase the speed of transactions, reduce gas fees, and provide the C.R.E.A.M. Finance users with access to multiple money markets.
Every cryptocurrency asset of the C.R.E.A.M. Finance-Polygon integration is secured with the robust Oracle network of Chainlink with collateral assets worth 45-85%. The users of C.R.E.A.M. Finance shall now be able to access the money markets of Polygon to conduct trading in primary cryptocurrency tokens like USDT, USDC, QUICK, CRV, SUSHI, LINK, WATCH, WETH, MATIC, and DAI.