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19 April 2021

Cream Finance Launches Cross-Protocol Flash Loans | Crypto Briefing

Cream Finance Launches Cross-Protocol Flash Loans | Crypto Briefing


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Cream Finance Launches Cross-Protocol Flash Loans.

As it will work in Yearn Finance, strategists will have the ability to use the flash loans to optimize returns on their assets at lower costs (Yearn Finance integrates several protocols, saving users gas fees).

In addition to the Ethereum ecosystem, the instant loans will also be available on Binance Smart Chain and Fantom through Cream V1. .

Notably, flash loans on Cream will incur a 0.03% fee—a fraction of the cost of using Aave and Uniswap.

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