Cryptopedia - Cream Finance

## What Is C.R.E.A.M. Finance (CREAM)? C.R.E.A.M Finance is a decentralized DeFi lending protocol for individuals, institutions and protocols to access financial services. Part of the yearn.finance ecosystem, C.R.E.A.M. Finance is a permissionless, open source and blockchain agnostic protocol serving users on Ethereum, Binance Smart Chain Polygon and Fantom. Users who are passively holding Ether or wBTC can deposit their assets on C.R.E.A.M. to earn yield, similar to a traditional savings account. For more information visit https://app.cream.finance/. The C.R.E.A.M. Finance protocol was created as a Compound Finance fork. C.R.E.A.M Finance is open-source, permissionless, blockchain-agnostic and offers yield farming rewards to its users in order to inclusively develop its network. The project (which stands for Crypto Runs Everything Around Me) was launched unexpectedly on the Ethereum network on Aug. 3, 2020 through the YOLO liquidity pool. In September 2020 it went live on the Binance Smart Chain (BSC). The CREAM token allows users to lend, borrow, stake assets and help govern the network, allowing them to vote on assets to support or delist.