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Cook Finance's DeFi Index Platform Goes Live On Avalanche
Summary: Decentralized asset management protocol Cook Finance announced the launch of its DeFi index platform on Avalanche, which provides a simple method for users who want to participate in DeFi index exposure but are blocked by the high cost of Ethereum. In addition, the team launched three new Avalanche-focused indexes: AVAX Ecosystem Index, AVAX Mega Cap ...
Decentralized asset management protocol Cook Finance announced the launch of its DeFi index platform on Avalanche, which provides a simple method for users who want to participate in DeFi index exposure but are blocked by the high cost of Ethereum.
In addition, the team launched three new Avalanche-focused indexes: AVAX Ecosystem Index, AVAX Mega Cap Yield Farming Index and AVAX Stablecoin Yield Farming Index.
Similar to index products in traditional finance, Cook's index products are composed of a series of tokens, which track the performance of the underlying assets, making it easier for investors to purchase diversified cryptocurrencies in a single transaction.
By Mary Liu
Tags: Avalanche,Cook Finance
Link: Cook Finance's DeFi Index Platform Goes Live On Avalanche [Copy]
