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.
COOK tokens are governance tokens that can accomplish a variety of updates on the protocol.
The entire community of Cook token holders can decide whether to add or remove a particular DeFi protocol to the protocol-level whitelist
Cook token holders can decide to increase or decrease fees charged on the Cook Protocol platform.
If token holders are unsatisfied with the current governance model, they can propose modifications to better serve their interests.
Cook Protocol uses a price oracle to calculate the investment fund values. Token holders can vote to have the price oracle updated.
Cook tokens can also be used to vote on adding features at the protocol-level.
Part of the tokens is reserved for mining rewards.
Part of the tokens is used to bootstrap the ecosystem.
Tokens reserved for private sale to early community members willing to contribute to our ecosystem.
Rewards for marketing and partnership.
Tokens allocated to the core developers and team members on a price-based release schedule after a 90-day cliff.
Traditionally, large-scale pension and mutual funds have dominated the asset management space. These funds have continued to increase their holdings of alternative investments other than stocks and bonds to seek higher profitability…Read More >>
In 2020, DeFi became a really hot topic in the crypto world. The total value locked-up in DeFi has risen from 700 million US dollars at the beginning of the year to 13.6 billion…Read More >>
As the previous article mentioned, although DeFi seems very promising, it is challenging for ordinary investors to participate. With a vision to bring finance to the masses, the Cook Protocol Team has set out to democratize DeFi…Read More >>
Graduated from UC Berkeley with four years of experience in the blockchain space. Early investor in crypto projects, including Ethereum, Polkadot, and Filecoin. Tech lead at Google and Oracle. Currently managing frontend & backend development while overseeing the overall product roadmap.
Top 1% graduate from Carnegie Mellon University and a Silicon Valley engineering veteran. Lead engineer at several top Silicon Valley companies, such as DropBox and C3.AI. Currently serves as tech lead on frontend & backend development.
Stanford Engineering School Graduate. Product manager from United Technologies Corporation. Fluent in 6 languages. Has successfully delivered multiple large-scale projects in both corporate America and start-ups. 4 years of experience in the blockchain space.
Graduated from Macquarie University. 5+ years of experience in marketing, community management and growth hacking in English and Spanish worlds. 3+ years in blockchain industry.
UPenn CS graduate. Product manager from Youtube. Five-plus years of experience in technology operations. Very familiar with the operations in big tech companies and high-growth startups.
Serial entrepreneur. Ten-plus years of experience in fintech and three years in blockchain. Very passionate about how DeFi can revolutionize the finance sector.
Senior developer at Wayfair and graduate of Cornell University. Mined first bitcoin in 2013 with seven years of experience in blockchain. Currently working as senior blockchain developer focused on smart contract development.
Fifteen years of experience in software development primarily focused on distributed systems. Former architect at several fintech companies, including Fidelity Investments. Currently focused on smart contract architecture design.
Cook Protocol is a completely decentralized asset management platform in the DeFi space built on top of the Ethereum blockchain.
Cook Protocol is an open, transparent, and secure protocol, providing investors with more trustworthy investment choices while augmenting fund managers’ trading capabilities.
A ckToken is an ERC-20 token that represents the ownership percentage of an investment fund. ckTokens can be redeemed for the underlying assets or traded at any time.
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.
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.
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.
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.
Cook Protocol is managed by a decentralized community of COOK token holders and their delegates, who propose and vote on upgrades to the protocol.
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.
You just need to possess COOK tokens and then you can cast votes on proposals. You can also delegate your votes.