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Cork Protocol
Cork Protocol introduces a new DeFi primitive called Depeg Swap, which allows participants to trade the risk associated with pegged assets, similar to a Credit Default Swap in traditional finance. It provides a mechanism for managing liquidity and credit risk in on-chain credit markets, helping to stabilize DeFi and reduce volatility. Cork aims to create foundational risk management infrastructure, enabling more capital flow and mitigating risks in on-chain credit markets.
RAISED
Cork Protocol
Cork Protocol introduces a new DeFi primitive called Depeg Swap, which allows participants to trade the risk associated with pegged assets, similar to a Credit Default Swap in traditional finance. It provides a mechanism for managing liquidity and credit risk in on-chain credit markets, helping to stabilize DeFi and reduce volatility. Cork aims to create foundational risk management infrastructure, enabling more capital flow and mitigating risks in on-chain credit markets.
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