Decentralized Asset Management Platform
Accessible, Secure, Transparent
Cook Protocol
Cook Protocol is a completely decentralized cross-chain asset management platform built for investors and professional asset managers to unlock an entirely new universe of DeFi innovations.
Features
Cook Protocol will tap into the crypto asset management market, which is currently valued at hundreds of billions of dollars and is growing exponentially. Cook Protocol allows investors to select appropriate investment choices provided by fund managers. We provide investors with a sleek and straightforward interface and fund managers with powerful trading tools.
Investors
Investors - User-friendly UI: A simple, sleek interface to help users navigate through sophisticated DeFi land
- Investment variety: Index-based and actively-managed funds
- Security & transparency: Fund security and information transparency guaranteed by smart contract
Asset Managers
Asset Managers - Lower initialization fees: The elimination of hefty legal and various fees to begin fund management and receive money from investors
- Professional trading tools: Access to various blockchain-based money markets and trading tools, such as the token price predictive model
- IP protection: No need to open-source investment strategies
What is Cook (COOK) token used for?
COOK tokens are governance tokens that can accomplish a variety of updates on the protocol.
Update DeFi Whitelist
Update DeFi Whitelist The entire community of Cook token holders can decide whether to add or remove a particular DeFi protocol to the protocol-level whitelist
Adjust Platform Fee
Adjust Platform Fee Cook token holders can decide to increase or decrease fees charged on the Cook Protocol platform.
Modify Governance Model
Modify Governance Model If token holders are unsatisfied with the current governance model, they can propose modifications to better serve their interests.
Change Pricing Oracle
Change Pricing Oracle Cook Protocol uses a price oracle to calculate the investment fund values. Token holders can vote to have the price oracle updated.
Add New Features
Add New Features Cook tokens can also be used to vote on adding features at the protocol-level.
Mining: 60%
Mining: 60% Part of the tokens is reserved for mining rewards.
Community Incentive & Airdrop: 10%
Community Incentive & Airdrop: 10% Part of the tokens is used to bootstrap the ecosystem.
Early Community: 10%
Early Community: 10% Tokens reserved for private sale to early community members willing to contribute to our ecosystem.
Business & Media Partnership 10%
Business & Media Partnership 10% Rewards for marketing and partnership.
Team 10%
Team 10% Tokens allocated to the core developers and team members on a price-based release schedule after a 90-day cliff.
Roadmap
- 2020 Q2Cook Protocol Team Assembled
- 2020 Q3Cook Protocol Proof of Concept
- 2020 Q4White Paper Released
- 2021 Q1Cook Protocol Architecture & UI Design Release
- 2021 Q1Uniswap Listing
- 2021 Q1Cook Leverage Open Source
- 2021 Q2Cook DeFi Index Release
- 2021 Q2Columbus Version Integration Testing
- 2021 Q2Cook Protocol Third-party Audit
- 2021 Q2Columbus Version Release on Ethereum Mainnet
- 2021 Q3Cook Protocol Ecosystem Development
- 2021 Q4Magellan Version Release on Ethereum Mainnet
News & Updates
8 Cryptocurrency DeFi Projects to Watch For in May
International Business Times 4/21/2021 5 min read When it comes to the crypto scene there are only two teams, Decentralized and Centralized. Quite simply, the Centralized way of doing things is with intermediaries or third parties, smack bang in the middle of the…
Read More >>What’s The Big Deal About DeFi And How Do You Invest In It?
Forbes 3/21/21 8 min read Every day I get Telegrams and emails about DeFi, which a year ago I kept equating with Senator Diane Feinstein. Then this year I bought the Stellar Lumens token after reading day after day about decentralized finance being the one real thing you can…
Read More >>Block Dream Fund by OKEx Selects Cook Protocol as a New Member
Yahoo Finance 3/16/21 4 min read Cook Protocol started with the initiative to build the most resilient, transparent, and accessible asset management platform built on a decentralized infrastructure. To achieve this, the team has always believed it is critical to attract and…
Read More >>FAQ
What is Cook Protocol?
Cook Protocol is a completely decentralized asset management platform in the DeFi space built on top of the Ethereum blockchain.
Why do I need to use Cook Protocol?
Cook Protocol is an open, transparent, and secure protocol, providing investors with more trustworthy investment choices while augmenting fund managers’ trading capabilities.
What is a ckToken?
A ckToken is an LP token that represents the ownership percentage of an investment fund. ckTokens can be redeemed for the underlying assets or traded at any time.
What is the difference between a COOK token and a ckToken?
A COOK token is a governance token used to propose and vote to make changes to Cook Protocol, while a ckToken represents ownership of a specific fund.
How does the Cook Protocol work?
Fund managers can set up smart contracts and configure parameters like investment strategies and management fee. Investors can deposit cryptocurrencies into a smart contract to receive a corresponding amount of ckTokens to represent partial ownership of the fund.
Is Cook Protocol safe?
Cook Protocol is very safe. Fund managers only have trading access but do not have any fund withdrawal access. In addition, Cook Protocol team uses high standards for coding and engages with third party audits to ensure code quality.
What do the protocol's oracles do?
Cook Protocol uses multiple oracle services such as Chainlink, Band Protocol, Uniswap Oracle to get pricing information to determine the fund’s total valuation, the valuation of the assets deposited by investor, and the price of a ckToken.
Who controls the Cook Protocol?
Cook Protocol is managed by a decentralized community of COOK token holders and their delegates, who propose and vote on upgrades to the protocol.
How does Governance work?
Party with at least 1% of COOK total supply can submit a governance proposal for changes on the platform. At least 5% of COOK total supply is required to vote to decide whether to pass the proposal. Passed proposal will get auto-executed within 2 days after voting.
How do I get involved in Cook Protocol Governance?
You just need to possess COOK tokens and then you can cast votes on proposals. You can also delegate your votes.
What is the token tracker url?
https://etherscan.io/token/0xff75ced57419bcaebe5f05254983b013b0646ef5
