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.
| Categories: | Insurance , DeFi |
| On chains: | Ethereum |
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Yes Cork Phoenix is supported on Ethereum.
Cork Phoenix token is supported by following blockchains: Ethereum
Cork Phoenix is 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.. Cork Phoenix's native token is Cork Phoenix. Cork Phoenix token is supported by following blockchains: Ethereum.