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Cork Protocol
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@Corkprotocol

Cork Protocol

@Corkprotocol
The rails for risk Price, hedge and transfer any observable onchain risk Backed by @RoadCapMgmt and @a16zcrypto CSX
Ethereum
cork.tech
Joined March 2024
137 Following
6,734 Followers
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  • Pinned
    @Corkprotocol
    Cork Protocol
    @Corkprotocol
    Jan 21
    Cork has raised $5.5M to build the missing tokenized risk infrastructure for digital assets. Led by @RoadCapMgmt and @a16zcrypto CSX, Cork has raised from investors who recognize the market opportunity of introducing tokenized risk into the digital asset ecosystem.
    169
  • @Corkprotocol
    Cork Protocol
    @Corkprotocol
    Oct 9
    Our new website is live 🌐 Come take a look. Link below ⬇️
    GIF
    5
  • @Corkprotocol
    Cork Protocol
    @Corkprotocol
    Oct 8
    The types of assets available throughout the onchain finance ecosystem grew quickly: stablecoins, staking tokens, tokenized funds, vault positions, looped positions, etc. All in a few years. A widely-applicable way to isolate, price, manage, and transfer the risk inherent to all
    2
  • @Corkprotocol
    Cork Protocol
    @Corkprotocol
    Oct 7
    Risk takes many forms. In March 2023, $3.3B of USDC's reserves was sitting in Silicon Valley Bank when the bank began to fail. The assets themselves were sound, but banks were closed for the weekend and redemptions had to wait until Monday. USDC slid between 90 cents and put
  • @Corkprotocol
    Cork Protocol
    @Corkprotocol
    Oct 2
    Diversifying across multiple protocols is supposed to make you safer. If one has a problem, your money in the others stays untouched. That logic breaks the moment they all draw liquidity from the same lending pool. • On a normal day, you're holding several separate risks. •