C.R.E.A.M Cross Chain Lending will enhance Cross Efficiency

C.R.E.A.M On-Chain Lending will enhance Cross Efficiency

Liquid efficiency logic ought to apply to all Etherum virtual machine; compatible chains,  because Ethereum does not care about the border assets and protocols.  Also when liquid efficiency applies to all ethereum virtual machine, flash loan cross across the ecosystems, bolstering liquidity across the space, loans and undercollateralized loans will be allowed.

Lee Cheng of C.R.E.A.M stated that they are prototyping cross chain lending something that people prior to this time thought it was not possible

Users will be allowed to access an alternative ecosystem while maintaining their assets on Ethereum, also they can unlock the loans, deposit assets on C.R.E.A.M V1, all of this will be done in the early form. The advanced lending types will follow in future.

The problems in creating ideal, safe capital efficiency across all EMV-compatible chains are significant, but they’re currently being worked through, said Cheng. Eventually, the goal is to enable Yearn vaults to go cross-chain via a “generalized wrapper,” which could expand the tools available to vault strategists by orders of magnitude.

It’s a vision of open liquidity and capital efficiency enabled, in part, due to an open developmental ethos across the DeFi Voltron:

“We have so many channels open. If you had my Telegram open… so many working groups. I think that story is underplayed. The whole idea of this merger, it’s so powerful — we can hop in these channels at any time, ask each other anything. It’s letting us move so quickly.”

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