Welcome to Main Street: Cookie Finance

Bringing insurance to an unsafe space, Cookie finance is a future multi chain yield farming insurance provider that uses wrapped farms to protect assets. Focusing on rug pulls and exchange exploits to create a safe investment space. Their farms are backed by their native token $CHIPS. Which is used as compensation in the event of a user’s funds being locked or stolen. This is done through ​​​​a network of price oracle contracts that use Time Weighted Average Price to create a threshold for fraudulent activity/ adverse events. When this threshold is triggered, a snapshot is taken of the contracts, and the farmers are compensated in an instant hard-coded payout.

Click here for a more in depth explanation of the mechanisms Cookie Finance uses to insure yield farms given during JBJ Fourier’s recent AMA with Crypto Titans

Since launching on May 5, Developer JBJ Fourier’s dedication and drive has produced constant progression and achievement. Which are highlighted by the acceptance into ApeSwaps BUIDL Program. Along with consistently adding new farms, there are plans to round out their ecosystem with governance and lending tokens $OATS & $MINTS. Making Cookie a promising prospect for early investors who like to have a say in the decisions making process.

Below are some statistics and upcoming events for Cookie Finance