SCREAM — COMMUNITY UPDATE MAY 2021
We released our first Medium article on May 12 and already we have seen incredible support shown from within the Fantom community. We wanted to start our next article with a massive thank you message; and a run down of some impressive metrics since we went public.
1,300+ newsletter subscribers.
1,500+ Discord members.
1,100+ Twitter followers.
Since we launched our #notable-mentions channel on Discord, we have receieved what seems to be hundreds of Tweets from SCREAM community members on topics such as lending, the Fantom eco-system, and DeFi. The names of all members who participated and decided to support our vision have been recorded for our upcoming Special Thanks Event.
Lastly, the Fantom community has continued to provide us with invaluable feedback — we wouldn’t be here without your support. Your support is the fuel team needs to share more of our developments as we move into the beginnings of our launch phase.
As summarised in our first Medium post, SCREAM aimed to be the first decentralized peer-to-peer (P2P) lending platform built and intended for adoption on the Fantom Blockchain. Whilst chain-agnostic lending protocols exist, we believe that a suite of lending, swap, payment and tokenization services for digital assets can be native to Fantom: its highly-scalable, cheap; and reliable EVM provides unique possibilities that can be leveraged on-chain and without detriment to user experience.
We wrote about how SCREAM, through its innovations on the C.R.E.A.M Finance code, utilised the original source code of Compound Finance’s lending protocol; and Balancer Labs for its decentralised exchange. We explained how SCREAM aims to become a one-stop-shop for lending and leveraging products, with a focus on reduced fees and security. We have partnered with some of the most exciting developers to deliver a pure Fantom-based money market protocol, with leveraged products focused on maximising returns on yield farming, arbitrage and swaps.
SCREAM aims to become the leading Fantom-based lending platform to drive user-adoption to Fantom-based DeFi web applications and vastly improve the user-experience and liquidity within the Fantom-ecosystem.
We look forward to starting our journey with you.