COV Chain (COVC) is a distributed financial protocol that solves critical inefficiencies in the crypto world by providing global instant crypto-backed loans. COVC tries to build a complete open financial ecosystem, including stable assets, liquidity agreements, lending markets, derivatives markets, etc. Its interoperability and programmability enable these protocols to be stacked on top of each other like Lego bricks, creating more innovative financial products, forming strong synergy between each other, and at the same time better integrating with other license-free open to interact with financial protocols. Create a highly scalable and operable open financial platform to provide users with one-stop financial solutions.