Category: Andre Cronje

C.R.E.A.M. launches Iron Bank flash loans, eyes cross-chain capital efficiency

C.R.E.A.M. launches Iron Bank flash loans, eyes cross-chain capital efficiency

In a press release today, C.R.E.A.M. Finance announced a new feature for (and, by proxy, an unofficial relaunch of) Iron Bank, the protocol-to-protocol lending platform designed for flash and undercollateralized loans.  C.R.E.A.M., which founder Leo Cheng describes as “the yolo-est Compound fork,” is a money market designed to cover assets that are “underserved” and allow […]

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Yearn Finance formalizes operations budget as YFI rallies

Yearn Finance formalizes operations budget as YFI rallies

Price and social media sentiment swoon in unison as Yearn Finance formalizes operations budget. 229 Total views 6 Total shares After a three-day voting period, this morning members of Yearn Finance’s decentralized governance approved Yearn Improvement Proposal 54 (YIP-54), formalizing an ongoing budget for operational expenses.  YIP-54 aims to improve on previous proposals, including YIP-36 […]

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