Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on March 27, 2021, 11:59:27 PM
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Cream Finance lets users earn extra interest on exotic altcoins and LP tokens, creating a few unique strategies for investors who can stomach the risk. Cream Finance takes some of the more popular ideas from DeFi’s lending and borrowing space one step further.
The project lists nearly 70 different assets, LP tokens, and various derivative tokens from many popular DeFi projects. What’s more, users can lend and borrow against each token to create unique opportunities.
Naturally, listing small-cap tokens in this manner comes with a host of risks. As many veterans in the space are painfully aware, small tokens tend to carry much more volatility. When borrowing against such volatile tokens, investors must keep a much closer eye on their loan-to-value (LTV) ratio to avoid liquidation. Source (https://cryptonews.net/500316/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)