Buy Scream
What is Scream (SCREAM)?
Scream (SCREAM) is the native governance and incentive token of the Scream lending protocol, a decentralised, non-custodial money market originally launched on the Fantom blockchain. Inspired by platforms like Compound and Aave, Scream enables users to lend and borrow crypto assets, earning interest and SCREAM token rewards in the process.
Scream sets itself apart through its focus on high-velocity lending markets tailored to Fantom-native assets, and by maintaining a relatively low total token supply of around 2 million SCREAM. Its primary aim is to improve capital efficiency in Fantom DeFi by allowing idle assets to be put to work permissionlessly while providing transparent and algorithmically managed lending markets.
How does Scream (SCREAM) work?
Scream operates through a set of smart contracts deployed on Fantom, using its EVM compatibility to implement lending pools, interest rate models, and collateral management systems. Users deposit assets like FTM into money markets, which are then made available for others to borrow. Interest rates adjust dynamically based on utilisation levels of each asset pool.
As a token on Fantom, Scream relies on the network’s Lachesis consensus, a Proof of Stake mechanism, for transaction finality and security. SCREAM does not introduce its own consensus layer or unique cryptographic algorithm—it simply uses the foundational infrastructure provided by Fantom.
The SCREAM token plays multiple roles:
- Distributed as rewards to users who lend or borrow
- Used for protocol governance, allowing holders to vote on changes to parameters and treasury management
- Enforces its capped 2,000,000 token supply through its contract logic
While no traditional PDF whitepaper is available, protocol documentation is accessible through the Scream website and app.
What are the potential use cases for Scream (SCREAM)?
Scream serves as a DeFi money market, enabling users to:
- Earn interest on idle crypto by supplying assets to lending pools
- Borrow assets against collateral without intermediaries
- Earn SCREAM tokens through liquidity mining and protocol usage
- Participate in governance decisions about protocol evolution
It is primarily aimed at DeFi users on the Fantom network, but any project or individual looking to interact with lending markets or unlock liquidity in Fantom-native assets can integrate with Scream.
The SCREAM token is listed on decentralised and centralised exchanges, and is used as a speculative asset, reward mechanism, and governance tool within the ecosystem.
What is the history of Scream (SCREAM)?
Scream launched during the growth phase of the Fantom DeFi ecosystem, with the goal of replicating successful Ethereum-based lending models in a faster, lower-cost environment. It was created by a pseudonymous team, in line with many decentralised projects focused on governance over central leadership.
Key milestones include:
- Launch of Fantom-native lending markets
- Addition of multiple supported assets
- Distribution of SCREAM as a liquidity mining reward
- A brief surge to an all-time-high price above $2,000 per token
There have been no major forks or migrations. Updates to the protocol have included risk parameter changes, asset support expansions, and reward schedule modifications. Today, Scream operates as a niche lending platform on Fantom, serving a smaller but still-active community of DeFi participants.
