Details about Cream ETH 2 cryptocurrency
€2,175,534 ( 0%)
€1,120
1,054
1,054
6.493
Unknown
https://cream.finance/
@CreamdotFinance
382306x
€766584000
Cream ETH 2 price charts
CRETH2 exchanges
Cream ETH 2, the crypto
Cream ETH 2 (CRETH2) is a synthetic asset created by Cream Finance that represents the value of staked ETH on the Ethereum 2.0 network. It allows Ethereum holders to earn rewards by staking their ETH without having to lock it up on the network, and can be traded or used as collateral for loans.
The point
The main point of Cream ETH 2 (CRETH2) is to provide a way for Ethereum holders to earn rewards from staking without having to lock up their ETH on the Ethereum 2.0 network. By creating a synthetic asset, Cream Finance allows users to trade or use CRETH2 as collateral while still participating in the Ethereum 2.0 staking ecosystem.
The problem
Cream ETH 2 (CRETH2) tries to solve the problem of illiquidity and opportunity cost for Ethereum holders who want to earn rewards from staking, but don't want to lock up their ETH on the Ethereum 2.0 network. By creating a synthetic asset that represents staked ETH, Cream Finance allows users to earn staking rewards while still having access to their ETH for other purposes.
Compare CRETH2 and BTC performance
Timeframe | CRETH2 | BTC |
---|---|---|
1h change | 0 % | -0.579702 % |
24h change | 0 % | -1.11434 % |
7 day change | 0 % | 4.67647 % |
14 day change | 0 % | -2.83858 % |
30 day change | 0 % | 1.48606 % |
200 day change | 26.47 % | 133.998 % |
Year change | 606687 % | 146.97 % |