💶💶Cook protocol: The Transparent and flexible asset management platform💶💶

in cook •  4 years ago  (edited)

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cook Protocol is a completely decentralized Ethereum-based asset management platform built for investors and professional asset managers to open up a whole new world of DeFi innovation.

➡️The features contained in the protocol cook is about to enter the crypto asset management market, which is currently worth hundreds of billions of dollars and is growing exponentially.

➡️The Cook Protocol allows investors to choose the appropriate investment options provided by the investment manager. we provide investors with a sleek and easy interface and fund managers with powerful trading tools.

More about Cook protocol

The Cook Protocol is a network based on the Ethereum blockchain that links institutional investors to experienced investment managers. The Cook Protocol provides institutional investors with a broad range of wealth management solutions provided by a wide range of experienced asset managers, such that investors may not need to grasp the intricate principles behind the DeFi train.

The Integration of Blockchain Technology into Asset Management is exactly what made Cook Protocol. Cook Protocol is indeed a groundbreaking ethereum blockchain based decentralized platform and since DeFi received a significant amount of hype as of recent and its user base continued to grow exponentially over the past few months, Cook protocol had ultimately plans to revolutionize the world of Decentralized Finance (DeFi), Cook protocol team proceeded with plans to champion this system with the scope to monitors and maintains things of value within a business through assembling both world investors and asset managers in this field of expertise, making sure this dream come true.

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COOK protocol is a well- incentive platform established to provide investors and other wealth managers the golden opportunity to access highly liquidized funds without being bothered over fund security and foul play. As a transparent and creative asset management platform, it suits many investors and managers because it profers many solutions through creating a cross- chain decentralized assets and such channels pave way for a high- quality management services that are needed for appropriate investment techniques that expands the global financial market

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||Investments and Assets Managements||

➡️Investors......
User-friendly UI: Simple and sleek interface to help users navigate through sophisticated DeFi lands

➡️Variety of investment: Index based fund and actively managed

➡️Security & Transparency: Fund security and transparency of information guaranteed by smart contracts

➡️Asset Manager........
Lower initialization costs: Elimination of large legal fees and various fees for starting fund management and receiving money from investors

➡️Professional trading tools: Access to various financial markets and blockchain-based trading tools, such as token price prediction models

➡️IP protection: No need for an open source investment strategy

➡️Problems.....

Traditional asset management markets are opaque in revenue, profit, and risk information. They are usually limited to wealthy private and institutional clients due to inherent structural inefficiencies and hefty fee structures. Blockchain-based wealth management provides a promising alternative because of the open and transparent nature of blockchain technology.

However, existing blockchain solutions are often too sophisticated and technically obscure for ordinary investors. Moreover, none of them provides the necessary investment tools for professional fund managers to flexibly carry out a variety of strategies.

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||What is the Cook token (COOK) used for?||

The COOK token is a governance token that can complete various updates to the protocol.

➡️Updating the DeFi Whitelist........
the entire community of Cook token holders can decide whether to add or remove specific DeFi protocols to the protocol level whitelist

➡️Adjust Platform Fees........
all Cook token holders may decide to increase or decrease the fees imposed on the Cook Protocol platform.

➡️Change Governance Model.......
if token holders are not satisfied with the current governance model, they can propose modifications to better serve their interests.

➡️Change Oracle Prices........
The Cook Protocol uses a price oracle to calculate the value of investment funds. token holders can choose to update oracle prices.

➡️Add New Features.....
Token Cook can also be used to vote on feature additions at the protocol level.

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||Mission and Vision||

  1. Modify Governance Model: If the holders of tokens are unhappy with the current governance model, they can suggest changes to better advance their interests.

  2. Adjust Platform Fee: Cook token owners can consider increasing or reducing the fees paid on the Cook Protocol framework.

  3. Change Pricing Oracle: Cook Protocol uses a value oracle to measure the worth of the investment portfolio. Token holders could vote to update the price oracle.

  4. Update DeFi Whitelist: The whole Cook token group will determine whether to introduce or delete a new DeFi protocol to the protocol-level whitelist.

  5. Add New Features: Cook tokens may also be used to decide on the addition of protocol-level functionality.

Because we are still in their inception stage of the existing blockchain-based decentralized sphere whereby this situation is mainly tough with tussle to provide trustworthy and flexible investing and management vehicles to satisfy a wide range of needs, therefore this why Cook Protocol integrated the financial revolution providing access with the need for continued redefinition with the effort to making financial management platform usable for everyone.

➡️Explicit Review of Cook Protocol Platform... ..

➡️Problems.....

Because of the risk involved and of course the large fee structure incurred, that serves as a draw back for the private and institutional clients that are really wealthy.

➡️Solution....

Cook protocol plans to combat the issues facing asset management by creating a quality service through the ethereum blockchain with the effort of the contracts as a security without any middlemen thereby delivering the investors a prompt professional asset management services even without a Pre-knowledge in decentralized finance. In an easy way using the utility token to perform transactions on the platform, only what it requires is to select a required investment strategy after which one can send cryptocurrencies to the required contract address.

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Mining: 60%
Part of the token is reserved for mining rewards.

Community Incentives & Airdrop: 10%
part of the token is used to bootstrap the ecosystem.

Early Community: 10%
Tokens are provided for private sale to early community members who wish to contribute to our ecosystem.

Business & Media Partnerships 10%
Rewards for marketing and partnerships.

Team 10%
The tokens are allocated to core developers and team members on a price-based release schedule after a 90 day gap.

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The Cook Protocol is a revolutionary approach to asset management. Their vision statement is a clear indication of the project team's ambition to bring finance to the masses.

As such, the Cook Protocol is a truly unique and innovative project that takes advantage of the achievements of blockchain technology and smart contracts. Moreover, he is using this not for simple profit with cryptocurrency on speculation, but for very useful businesses that help people.

🔷For a more reliable resource, click the link below:

● Website: https://www.cook.finance/
● Twitter: https://twitter.com/cook_finance
● Telegram: https://t.me/cook_english
● Linkedin: https://www.linkedin.com/company/cook-finanace/
● Reddit: https://www.reddit.com/r/CookProtocol/
● Youtube: https://www.youtube.com/channel/UCGiAQqspfq9LE0XgFlywN7w/
● GitHub: https://github.com/CookFinance
● WhitePaper: https://www.cook.finance/wp-content/uploads/2021/01/Whitepaper.pdf
● OnePager: https://www.cook.finance/wp-content/uploads/2021/01/One-Pager.pdf

🔷Author🔷

Forum Username: Rishabbb

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2877850

Proof of Authentication:
https://bitcointalk.org/index.php?topic=5312950.msg56213016#msg56213016

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Good project and listing update?

Ofc soon I'll post it

Good information

Thanks

How can I join their presale?

Ask in their main group brother

Thankyou for. This information

Your welcome 😊

Like, comment and follow done 😊😊

Thankyou 😊

Can I invest on their Project now?

Yes ofc you can check their mein group

Yes, it's actually a good project

Yes you're right

Can I have the link of their Whitepaper in spanish language?

You can ask about it from cook protocol admin in telegram main group