As liquid protection, the protocol adds a price floor of 85% of the peak market price to crTOKENs. This means that even if the market were to crash by 60% of the peak price in the future, you could still redeem your crTOKENs for 85% of the peak market price, giving you an edge of 25% against the rest of the market. Since all these crTOKENs have the same price floor, they can be fungible and further utilizable. Liquid protection implies that liquid markets can be created for these crTOKENs across other DeFi protocols. Since crTOKENs are price protected versions of assets, protected by a price floor, several novel utilities can be unlocked for them as a hedged asset class.