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Covenant Finance

1 known investors

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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 · 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.