Cook Finance Launches DeFi Index Platform on Avalanche

Cook Finance Launches DeFi Index Platform on Avalanche
Cook Finance, a decentralized asset-management platform, is launching on Avalanche, bringing a suite of decentralized finance (DeFi) indexes to users in the fast-growing blockchain’s ecosystem.The new service comes as Avalanche and other upstart blockchains look to win market share from Ethereum, where users have complained of high fees.“We see this launch as providing an easy way for new users who want to get into DeFi indexes but were held back by high gas fees on Ethereum,” said Adrian Peng, CEO of Cook Finance.Similar to index products in traditional finance, Cook’s index products are composed of a list of tokens and…