By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
    • About us
    • About Hinza Asif
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
    • Event List
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Cook Finance launches first composable index, strategy execution platform on BNB Chain
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
    • About us
    • About Hinza Asif
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
    • Event List
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > PRESS RELEASE > Cook Finance launches first composable index, strategy execution platform on BNB Chain
PRESS RELEASE

Cook Finance launches first composable index, strategy execution platform on BNB Chain

PR.Dept
Posted PR.Dept March 11, 2022 717 Views 3 Min Read
Updated 2022/03/11 at 10:01 AM
Share
cook finance
SHARE

cook finance

The launch combines index portfolio management with trade execution and routing to benefit BNB Chain users and ecosystem protocols.

March 8, 2022 — Cook Finance has announced the launch of the first-ever decentralized finance (DeFi) composable index and strategy execution platform on BNB Chain with yield-bearing indexes with zero impermanent loss. BNB Chain users will now have access to stablecoin yield-bearing indexes that generate interest from risk-diversified pools to provide stable returns well-suited for this highly volatile market.

With Cook Finance’s launch on BNB Chain, it will build on its success of launching yield-bearing indexes during the past few months.

“Since we recently launched risk-diversified yield-bearing indexes, we’ve seen a robust uptake by users on the Cook platform. It’s evident that users are attracted to these types of indexes, especially in the current high volatility and low-yield environment,” says Adrian Peng, CEO of Cook Finance. “Stablecoin yield-bearing indexes such as these provide risk-reward profiles that are essential for a balanced portfolio.”

Additionally, Cook Finance is proud to bring its issue-with-single-token feature that will make issuing into any index as simple as swapping a single funding token such as BNB for all underlying tokens to be encumbered by the index token automatically. This feature will provide users on BNB Chain with one of the fastest ways to issue into any DeFi index on the Cook platform.

Coinciding with this announcement, Cook will be launching five new yield-bearing indexes on BNB Chain to become the index market leader in this space. In the future, Cook looks forward to establishing even more community-initiated indexes on one of the largest chains used around the world by millions of people every day.

About Cook Finance

Cook Finance is a transparent and flexible DeFi index platform. This two-sided platform is suited for a diverse range of users to make it easy to select from a menu of indexes across multiple chains. Simultaneously, index creators can utilize tools to create virtually any imaginable strategy and easily offer it to the Cook community.

Follow Cook Finance on social media to stay up to date:

  • Twitter
  • Telegram
  • Discord
  • LinkedIn
  • Website

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Whatsapp Whatsapp
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Crypto exchange JPEX JPEX Crypto exchange enters the football field to drive token adoption
Next Article hactor finance, hactor finance dao, crpto coin Hector Finance nears completion of its cross-chain DEX
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest Tweet

Tweets by nftstudio24
  • INTERVIEW, NewsJan 13, 2023

    NFTStudio24 Interview with Michael Sofaer from Pylons, Ryan Day from Blockworks, and Nick Vale from ReNFT

    NFTStudio24 held a podcast interview with Michael Sofaer from
    Read More
  • PRESS RELEASESep 21, 2023

    Partnerships Announced at Climate Chain Coalition Press Conference at UNFCCC Conference in Bonn

    Bonn, Germany, June 1, 2023,  The Slovenian Ministry of
    Read More
  • EVENTS, WEB3Sep 20, 2023

    Stablecoin Summit 2023: How Stablecoin Growth Potential in Asia & Beyond Can Empower Emerging Economies

    Stablecoin Summit concludes its first conference in Singapore by
    Read More
  • PRESS RELEASE, WEB3Sep 20, 2023

    Next Block Expo Returns to Berlin – Leading European Blockchain Festival to be Held on December 4-5th, 2023 at CineStar CUBIX, Alexanderplatz.

    Next Block Expo (NBX), the Blockchain Festival of Europe,
    Read More
  • PRESS RELEASESep 20, 2023

    Blockchain Economy Dubai Summit 2023: Just Two Weeks Away and Buzzing with Anticipation

    Dubai, UAE —The Blockchain Economy Dubai Summit is generating
    Read More
  • EVENTS, WEB3Sep 19, 2023

    TOKEN2049: Singapore Sparks Bullish Sentiment, NFTStudio24 Concludes its Successful Trip

    TOKEN2049 is all about being bullish and celebrating the
    Read More