CREAM Finance Announces iceCREAM Unstaking Process
CREAM Finance Announces iceCREAM Unstaking Process
馃 Time To Thaw Out
CREAM Finance has announced that users can now unstake their CREAM tokens from the iceCREAM staking contract on Ethereum Mainnet. This follows the October 2024 exploit of CREAM V1 markets that resulted in a $130M loss.
Key points:
- Users can unstake via app.cream.finance/stake/iceCream
- This is part of CREAM's recovery plan which included distributing 1.45M CREAM tokens to affected users
- The project continues focusing on Iron Bank development and enhanced security measures
The unstaking process marks another step in CREAM's path forward following the incident.
Unlocking iceCREAM to prepare for the future. Visit app.cream.finance/stake/iceCream on Ethereum Mainnet to unstake your CREAM.
C.R.E.A.M. Finance Expands Lending to Include $FAI on Base
C.R.E.A.M. Finance has expanded its lending services on Base network to include $FAI token support. Users can now: - Deposit $FAI to earn interest - Use $FAI as collateral for borrowing - Access services through [app.cream.finance](http://app.cream.finance) This follows their January launch of $OX lending on Base, showing continued expansion of memecoin support in DeFi lending markets. **Key Integration**: The platform now supports both $FAI and $OX tokens for lending and borrowing on Base network.
CREAM Finance Reports $1.75M Unpaid Debt from MEV Protocol Partnership
A significant dispute has emerged between CREAM Finance and Fold Finance over a $1.75M debt. The timeline: - May 2023: Partnership formed to build MEV Protocol - Oct 2023: MEV Protocol launches with crETH2 to mevETH migration - Feb 2024: mevAuction system debuts - April 2024: Rebranding to XGA occurs - May 2024: Sam Bacha agrees to repay $1.75M within 90 days Despite formal agreements and multiple follow-ups, the debt remains unpaid. Several prominent investors are impacted, including @mrblocktw and @kevinlin. CREAM Finance maintains IP rights to XGA technology.
C.R.E.A.M. Finance Expands to Support Cult Community Tokens
C.R.E.A.M. Finance has announced plans to expand its token listing services to include **bluechip cult community tokens**. This strategic move mirrors their successful 2020 initiative that supported emerging DeFi governance tokens. - The platform aims to integrate established community tokens - Implementation follows C.R.E.A.M.'s proven track record with DeFi tokens - Expansion builds on October announcement to support token creators This development signals growing institutional recognition of community-driven tokens in the DeFi ecosystem.