Thread by @solscanofficial

[#Solscan Weekly Project Spotlight - @Crema_Finance]

1/This week, the series features another Defi protocol that #Solana farmers should keep tabs on

🧵Follow this thread to dig deep into what Crema can offer:
Explore Solana leading block explorer & more: solscan.io

2/ #Crema is a powerful liquidity protocol that enables Concentrated Liquidity Market Maker (CLMM) that benefits both LPs & traders. CLMM favors LPs by largely enhancing the flexibility of capital supply strategies, which exponentially boosts the capital efficiency.

3/ For traders, concentrated liquidity allows trading at a better deal price. The more concentrated liquidity, the more beneficial traders can be, with a higher market depth, a more stable price and much lower price slippage.

4/ LPs are also eligible to earn extra rewards through NFT Liquidity farming. Crema gives its unique LPs #NFTs storing their liquidity position (price range, liquidity provided,..) LPs can use their NFTs to stake into Crema’s farming pools.
gitbook.crema.finance/product/nft-li…

5/ Crema utilizes three sources when it comes to swapping, always delivering the best price to its users.
- Externally integrated by @JupiterExchange Aggregator.
- Built-in routing system
- & other aggregators on Solana.

6/ In the quest of letting users freely exchange assets through multi-chains, #Crema also builds an infrastructure to support the barrier-free cross-chain swap between different networks by making use of the #CLMM