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Cork Protocol

Cork Protocol  

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DeFi

General Info

Funds and Backers

Description

Cork is a protocol for creating collateralized swaps on pegged assets, allowing users to hedge depeg risks and rewarding liquidity providers.

What is Cork Protocol?

Cork makes it easy to create collateralised swaps on any pegged asset. Similar to Credit Default Swaps, Depeg Swaps enables users to buy, sell, and hedge the volatility of the largest markets in DeFi. The Cork protocol uses an open market approach to provide cheaper pricing, rewarding liquidity providers with trading fees as well as premiums.

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