Comment on page
The high-level overview for the Protocol, Interface, and Labs
To begin, we should make clear the distinctions between the different areas of CYNK, some of which may confuse new users.
- CYNK: The company which developed the CYNK Marketplace, along with the web application interface.
- The CYNK Marketplace: A suite of persistent smart contracts that together create an automated market maker, a protocol that facilitates peer-to-peer market making and swapping of tokenized climate assets and derivatives on blockchain.
- marketplace.cynk.io: A web application interface that allows for easy interaction with the Cynk Marketplace. The interface is only one of many ways one may interact with the CYNK.
- CYNK Governance: A governance system for governing the Cynk Marketplace, enabled by the Cynk token.
CYNK is building a blockchain-empowered financial and technology platform for the creation of high-quality carbon credits and financing of climate action at scale.
By using blockchain technology, CYNK ensures that all transactions are verifiable and immutable, providing a secure and trustworthy decentralized marketplace for carbon credits and various classes of climate assets. With its on-chain marketplace, CYNK aims to make it easier for organizations and individuals to reduce their carbon footprint and contribute to the fight against climate change. CYNK provides comprehensive solutions and all-in-tools to accelerate the ReFi revolution.