Yearn Finance and Cream Finance Partnership

The developers behind Yearn and Cream have collaborated to launch Cream v2. Cream v2 will focus on lending and leverage products. The merger will be the bedrock for future collaborations between the two teams. There are already plans to integrate the two platforms. Yearn vault shares will serve as collateral in Cream and Yearn vault strategies will have access to leverage through Cream.

At the time of writing (11/26/2020) Cream’s governance token CREAM is trading for about $70.

 

For more details read Andre Cronje’s article here.