CreamFinance's new managed token iceCREAM started as the first phase. The original CREAM is no more than a loan function.

2021-8-15 11:04
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Yearn.finance founder Andre Cronje previously reported on the advancement of the new token industry design for the Cream Finance community, and now the first phase of the new token industry has come together and launched. In the first phase, users can get iceCREAM (Vested CREAM) by staking CREAM, and iceCREAM holders also receive contract fees and voting rights. Changes to the new token market model include: No early voting rights CREAM Financial supporters, stuck in long-term engagement, still have control over iceCREAM bars. It is also believed that in phase 2, iceCREAM owners will be able to decide on the release.

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