Categories: Analysis

Cream Finance is now available in the Polygon universe

Decentralized finance lending platform (DeFi) Cream Finance has announced an upcoming integration with its Layer 2 scaling solution on Ethereum, Polygon.

Cream Finance is now available in the Polygon universe

Cream Finance’s smart contract marketplaces allow users to borrow and lend secured assets. According to Cream, the integration with Polygon, which has a total lockdown of $ 8.64 billion, will result in faster transaction speeds, lower gas charges and access to additional markets for users.

At the time of launch, Cream users will be expanding to borrow and lend 10 different crypto assets including USDC, USDT, DAI, WMATIC, WETH, WBTC, Chainlink (LINK), SushiSwap (SUSHI), Curve (CRV) and QUICK.

Polygon (MATIC) grows magically as institutional investors put money into Polygon, as the demand for an Ethereum-compatible blockchain network grows, DeFi developers and users flock to the platform to find cheaper gas fees and fast block times.

And Cream isn’t the only platform currently working with Polygon. The NFT sandbox phenomenon also heralded the integration of Polygon as the ultimate solution to the platform’s development strategies.

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