βοΈHow It Works
Last updated
Last updated
Copra opens a vault with certain parameters for protocol partners, integrating with one or more of their liquidity pools
The vault will be loaded with buffer funds from insurers where the first insurer will be the protocol partner itself (thatβs how they leverage their own yield)
This setup allows lenders to get fixed-yield and some principal-protection through vault accounting
The vault runs through virtual 30-days tenor to allow for term updates and perpetually rolls-over
Liquidation mechanism further protects lenders by securing the deployed funds back to the vault when certain thresholds are breached