💡Overview

The Internet Corporate Bond

Copra enables protocol partner to issue fixed-yield protocol debt in order to

• Grow TVL

• Leverage own yield

Protocol debt is a novel primitive aiming to be the future standard of DeFi lending

Inspired by the corporate bond asset class, which is how lending commonly happen in TradFi, and is a missing financial primitive in DeFi

It addresses two crucial barriers currently holding back what should have been a much larger DeFi yield-farming space

• Uncertain yields

• Complex risks

Protocol debt offers both fixed-yield and principal-protection by encapsulating virtually any yield-bearing liquidity pool in DeFi