Cook Protocol

Introduction
This paper presents a protocol for a decentralized wealth management platform. The ultimate product is a trustless, transparent, and well-incentivized platform that provides investors with a selection of wealth management services and fund managers with access to highly liquidized funds.

Cook Protocol establishes a transparent and flexible asset management platform suited to diverse investors and asset management service providers alike. Investors can monitor a manager’s fund allocations without worrying about fund security or foul play. At the same time, fund managers can leverage Cook Protocol to gain access to investors and carry out virtually any investment strategy without having to opensource the strategy.

Cook Protocol
Cook Protocol is built on an Ethereum blockchain that establishes a generic asset management platform, providing investors with a selection of asset management vehicles from fund managers. Funds can be managed passively or actively through whitelisted DeFi protocols. For each investment fund, a unique ERC-20 token – proportional to their contribution to the fund – is issued to investors. Investors can divest the tokens any time in exchange for the equivalent underlying asset.

Mission & Vision
Cook Protocol was founded on the belief that everyone needs to have access to finance. We contend that decentralization holds the key to empowering people around the world to better manage their assets, and we are helping the world move in this direction by accelerating the transition to adopting decentralized finance.

Mission: Accelerate Adoption of Open and Decentralized Finance
We believe that we can accelerate the adoption of decentralized finance by:

● Providing investors with secure, transparent and high-quality asset management services

● Providing fund managers with funds and a variety of asset management tools

Vision: Bring Finance to the Masses
In our journey towards achieving this vision, we are:

● Democratizing secure, transparent and high-quality financial services with a lasting, positive impact

● Becoming a world-leading decentralized asset management platform

Solutions
To tackle the aforementioned challenges, we are creating an Ethereum-based decentralized asset management platform to provide ordinary investors with professional asset management services. The platform offers the following benefits:

● Investors can access high-quality asset management services without professional knowledge of decentralized finance (DeFi). They only need to select the appropriate investment strategies and send cryptocurrencies to the corresponding smart contract to obtain ckTokens (fund-specific LP tokens).

● Fund managers can create funds, configure investment strategies to attract investors, and use tools on the platform to execute investment strategies.

● Smart contracts guarantee security of the funds and transparency of the underlying assets by limiting the access of fund managers.

● Decentralized Autonomous Organization and Tokenomics incentivize global investors and fund managers to interact with each other via smart contracts deployed on Cook Protocol

Features
Cook Protocol will tap into the crypto asset management market, which is currently valued at hundreds of billions of dollars and is growing exponentially. Cook Protocol allows investors to select appropriate investment choices provided by fund managers. We provide investors with a sleek and straightforward interface and fund managers with powerful trading tools.

Investors
● User-friendly UI: A simple, sleek interface to help users navigate through sophisticated DeFi land

● Investment variety: Index-based and actively-managed funds

● Security & transparency: Fund security and information transparency guaranteed by smart contract

Asset Managers
● Lower initialization fees: The elimination of hefty legal and various fees to begin fund management and receive money from investors

● Professional trading tools: Access to various blockchain-based money markets and trading tools, such as the token price predictive model

● IP protection: No need to open-source investment strategies

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.

Roadmap

2020 Q2

Cook Protocol team assembled

2020 Q3
Cook Protocol concept finalized

2020 Q4
White Paper released

2021 Q1
Cook Protocol architecture & UI design release

2021 Q1
Uniswap Listing

2021 Q1
Cook Leverage release

2021 Q2
Cook DeFi index release

2021 Q2
Cook Protocol integration testing

2021 Q2
Cook Protocol third party audit

2021 Q2
Cook Protocol 1.0 release on Ethereum mainnet

2021 Q3
Cook Protocol Ecosystem Development

2021 Q4
Cook Protocol 2.0 release on Ethereum mainnet

Team

Adrian Peng, Chief Executive Officer:Graduated from UC Berkeley and has four
years of experience in the blockchain space. Early investor in crypto projects such as
Ethereum, Polkadot, Filecoin. Tech lead at Google and Oracle. Leading the entire
team while overseeing the overall product roadmap.
Cage Chen, Chief Technology Officer: Top 1% graduate from Carnegie Mellon
university and Silicon Valley engineering veteran. Lead engineer at several top
Silicon Valley companies such as DropBox and C3.AI. Currently serving as tech lead
on both frontend and backend development.

Michael Bader, Chief Financial Officer: Serial entrepreneur with an MBA from
Stanford University. Over 10 years of experience in fintech and three years in

blockchain. Former VP at Bank of America. Very passionate about DeFi and how it
can revolutionize the finance sector. Currently serving as the business strategy lead.
Ace Yin, Chief Operating Officer: UPenn CS graduate. Product manager from
Youtube. Over five years of experience in technology operations. Highly familiar with
the operations in big tech companies and high-growth startups.
Matias Dominguez, Chief Marketing Officer: Graduated from Macquarie University.
Over five years of experience in marketing, community management, and growth
hacking in English and Spanish contexts. Over three years in the blockchain industry.
Antonio Wong, VP of Blockchain Development: Senior developer from Wayfair and
graduate of Cornell University. Mined first bitcoin in 2013 and has seven years of
experience in blockchain. Currently working as senior blockchain developer focused
on smart contract development.
Rahul Rodrigues, Chief Architect: Over 15 years of experience in software
development, especially in distributed systems. Former architect at several fintech
companies such as Fidelity Investments. Currently focused on smart contract
architecture design.