Cork Phoenix
Cork Phoenix is a programmable risk layer for onchain assets. Users deposit a Collateral Asset to mint cPT (principal token) and cST (swap token). cST holders can swap their Reference Asset for the Collateral Asset at any time before expiry — providing guaranteed redemption liquidity against depeg risk.
Overview
Cork Phoenix is a programmable risk layer for onchain assets. Users deposit a Collateral Asset to mint cPT (principal token) and cST (swap token). cST holders can swap their Reference Asset for the Collateral Asset at any time before expiry — providing guaranteed redemption liquidity against depeg risk.
- Sector
- # Insurance
- Ecosystem
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Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
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