SCREAM ($SCREAM)

SCREAM ($SCREAM)

 
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WHAT IS IT

SCREAM is a decentralized lending protocol built on the Fantom Blockchain. SCREAM provides peer-to-peer lending solutions that are fully decentralized, transparent, and non-custodial. Users can lend a number of assets and in return, they can use their capital as collateral to borrow supported assets. SCREAM is similar to existing lending protocols such as AAVE, and Compound FInance.
 
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HOW DOES IT WORK

SCREAM currently has 16 different tokens on which users can supply (lend) and earn interest. Supplying these tokens will earn the user interest in $SCREAM the native token of the protocol.
 
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Users can then use their supplied assets as collateral in order to borrow other assets from the protocol. Be careful when borrowing assets and make sure you always understand your liquidation prices.

$veSCREAM

After earning interest from lending your supplied assets users can then lock their $SCREAM tokens to earn $veSCREAM. They can then use this $veSCREAM to earn boosted rewards on pools and participate in votes to boost specific pools.

TOKENOMICS

$SCREAM is the native token of the protocol. It will have a total supply of 2,000,000. 31% of the total supply is allocated to Treasury funds for future development opportunities in the SCREAM ecosystem.
 
$SCREAM tokens are used to incentivize lending. Thus one million $SCREAM tokens have been allocated to lending and borrowing rewards.
 
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