Cook Protocol is a completely decentralized asset management platform in the DeFi space built on top of the Ethereum blockchain. 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.
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.
Cook Protocol, a cross-chain DeFi asset management protocol, has completed its Initial Decentralized Exchange offering on DuckStarter and has successfully distributed the COOK token on three blockchains.
