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Manifold Finance will launch a liquid collateral platform and has acquired the set of validators from Cream Finance

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On April 4th, it was announced that Manifold Finance will launch a liquid collateral platform in the coming months, which will design mevETH as a liquid collateral derivative that

Manifold Finance will launch a liquid collateral platform and has acquired the set of validators from Cream Finance

On April 4th, it was announced that Manifold Finance will launch a liquid collateral platform in the coming months, which will design mevETH as a liquid collateral derivative that provides additional income through MEV extraction. In order to initiate the agreement, Manifold acquired the verifier set of Cream Finance, which means that those who pledge ETHs in Cream Finance will later mortgage to Manifold’s liquid mortgage agreement. When the agreement is initiated, Manifold will control approximately 25000 ETHs.

Manifold Finance will launch a liquid collateral platform and has acquired the set of validators from Cream Finance

I. Introduction
– Explanation of Manifold Finance’s announcement
II. Overview of Manifold Finance
– Brief history of Manifold Finance
– Explanation of liquid collateral platform and its benefits
– Lead up to the agreement
III. Cream Finance Acquisition
– Explanation of Cream Finance acquisition
– Details of the verifier set acquisition
– Mortgage of pledged ETHs
IV. Manifold’s Liquid Mortgage Agreement
– Explanation of Manifold’s liquid mortgage agreement
– Control of approximately 25000 ETHs
– Benefits of the agreement
V. MEV Extraction
– Explanation of MEV extraction
– Benefits of MEV extraction
– Contributing to the ecosystem and network security
VI. Conclusion
– Recap of Manifold Finance’s announcement
– Importance of the agreement
VII. FAQs
1. What is Manifold Finance’s liquid collateral platform?
2. What is MEV extraction and how does it benefit users?
3. How does Manifold Finance’s agreement impact the larger cryptocurrency ecosystem?

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