Covenant Finance
1 known investors
Covenant is a DeFi protocol that converts on-chain assets into fully backed leverage and yield, offering liquidation-free levered tokens and over-collateralized yield-bearing instruments. It uses collateral as liquidity in a DEX-like model to provide on-chain credit.
Investors Β· 1
Frequently asked questions
- What does Covenant Finance do?
- Covenant is a DeFi protocol that converts on-chain assets into fully backed leverage and yield, offering liquidation-free levered tokens and over-collateralized yield-bearing instruments. It uses collateral as liquidity in a DEX-like model to provide on-chain credit.
- Who are Covenant Finance's investors?
- Covenant Finance's investors include BootNode.