C.R.E.A.M. Finance Announces the Launch of Money Markets on Polygon

C.R.E.A.M. Finance is basically a decentralized lending protocol for individuals, institutions, and other protocols to access financial services. Today it announces the launch of its money markets on the Polygon network.

This integration with Polygon is for faster transactions, lower gas fees, and access to different markets for our users. The DeFi ecosystem for the Polygon is increasing day by day with a TVL of $8.64 billion.

According to the official blog post, “At launch, users will be able to supply and borrow tokens on the following markets: USDC, USDT, DAI, WMATIC, WETH, WBTC, LINK, SUSHI, CRV, QUICK.”

Also, all the assets on the C.R.E.A.M. Polygon will be covered by Chainlink oracles and the Collateral factors will range from 45% to 85%.