v4 Beta Liquidity Mining. Another week has passed and a new… | by Cream Finance | Cream Finance | Aug, 2020 | Medium

Another week has passed and a new iteration is upon us. Thoughts from this past week:

  • CREAM Supply ONLY incentives + interest rate change has drastically improved the liquidity crunch on CREAM. Need to keep this going. Borrow side incentive can be removed as there is sufficient borrowing.
  • Liquidity providers across Balancer and Uniswap continue to be strong contributors to our network value, and should continue to be rewarded well.
  • Bonus CREAM for newly listed tokens has been helpful in bringing in communities, and we should continue this.
  • CREAM reward structure needs to be simplified and easier to understand.
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Reward Changes:

  • Any supply/borrow (Pool 1) — Reduced to 1,000 per day, down from 1,786 per day.
  • CREAM supplied/borrowed (Pool 1.5a) — Eliminated, down from 1,071 per day.
  • CREAM Supply ONLY (Pool 1.5e) — Remain the same at 1,700 per day.
  • Liquidity providers in Balancer (Pool 2a) — Remain the same at 1,000 per day.
  • Liquidity providers in Uniswap (Pool 2b) — Reduced to 1,000 per day, down from 1,143 per day.

Token Reward Pool Changes

  • [UPDATE]: yETH bonus pool added to this program and begins September 3rd.
  • [UPDATE]: SUSHI & FTT bonus pools added to this program and begins September 2nd.
  • [UPDATE]: yyCRV bonus pool added to this program and begins September 1st.
  • [UPDATE]: MTA bonus pool added to this program and begins August 31st.
  • YFI bonus pool ended with the final daily distribution on August 25th.
  • CRV bonus pool ended with the final daily distribution on August 26th.
  • renBTC bonus pool ended with the final daily distribution on August 29th.
  • BUSD bonus pool ended on August 31th.

More info on our program can be found on Yieldfarming.info and Yieldfarmingtools.com.

CREAM can be found on Coingecko and Coinmarketcap.

CREAM Token from our team has the following address — https://etherscan.io/address/0x2ba592f78db6436527729929aaf6c908497cb200

Please use the above address when looking for our tokens across DEXs and AMMs as there may be imposter tokens out there looking to jack you. Don’t let them.

I’d like to personally thank Robert and the team at Compound for making C.R.E.A.M. possible.

Jeffrey Huang, Founder

Crypto Rules Everything Around Me, C.R.E.A.M.

Join us on Discord, follow us on Twitter, or visit us at cream.finance.