C.R.E.A.M Finance is a lending protocol for individuals, institutions, and protocols that allows access to financial services. It is part of the yearn.finance ecosystem and operates as a permissionless, open source, and blockchain agnostic protocol. C.R.E.A.M. allows users on Ethereum, Binance Smart Chain, Polygon, and Fantom to earn yield by depositing their assets. This makes it similar to a traditional savings account.

The individual responsible for C.R.E.A.M. Finance is Jeffrey Huang, a Taiwanese entrepreneur who referred to himself as the "semi-benevolent dictator of CREAM" upon its launch. Huang is also the creator of Mithril (MITH), an Ethereum-based social media platform.

The C.R.E.A.M. Finance protocol was originally derived from Compound Finance. It is a blockchain-agnostic protocol that is open-source and permissionless, and it rewards users with yield farming opportunities to enhance its network inclusively.

The project, which is short for Crypto Runs Everything Around Me, was launched unexpectedly on the Ethereum network on August 3, 2020, through the YOLO liquidity pool. Later in September 2020, it was introduced on the Binance Smart Chain (BSC).

By utilizing the CREAM token, users can lend, borrow, stake assets and help govern the network. They are granted the power to vote on whether to support or delist particular assets.

C.R.E.A.M. Finance is a platform that enables users to borrow and lend supported assets while earning liquidity mining rewards in the form of its CREAM token by supplying any supported asset as collateral. The platform supports important DeFi assets such as stablecoins (USDT, USDC, BUSD, yCRV, etc.), governance tokens (COMP, BAL, YFI, LEND, CRV, CREAM etc.), and leading cryptocurrencies such as ETH, renBTC and LINK. CREAM is an ERC20 token on the Ethereum network that can run Ethereum Virtual Machines through smart contracts, allowing users to create DAOs for its community. CREAM tokens can be staked for up to four years to accrue rewards, but it's important to note that there is no admin unlock available, meaning rewards are only received at the end of the staking period.

CREAM has made a deliberate decision not to have official audits on their smart contracts. However, they have enlisted the help of expert advisers, including Robert Leshner, the founder of Compound, to enhance security, scrutinize the code, and manage a multisig wallet to ensure the safety of users' funds.