"We have a long way to go and that’s what makes the DeFi space exciting." - Adrian Peng

Written by ishanpandey | Published 2021/05/23
Tech Story Tags: digital-asset-management | cross-chain | ethereum-blockchain | decentralized-internet | decentralized-finance | defi-asset-management-services | smart-contracts | crypto-interview

TLDR Cook Finance is building a cross-chain asset management solution for crypto investors. Users can invest crypto assets to a particular fund in exchange for LP tokens, representing partial fund ownership. The LP token or ckToken, is a fungible asset to each fund and can be exchanged among investors or redeemed for its underlying assets within the fund, similar to a share in the stock market. Cook Finance will be deployed to multiple public chains, including Binance Smart Chain (BSC) and Huobi Eco Chian (HECO)via the TL;DR App
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Written by ishanpandey | Building and Covering the latest events, insights and views in the AI and Web3 ecosystem.
Published by HackerNoon on 2021/05/23
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