Compound Compound 0/100


Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset (such as Ether, an ERC-20 stablecoin such as Dai, or an ERC-20 utility token such as Augur), and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates. Compound native token is the Compound Governance Token (COMP). Discord | Medium

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Type

decentralized

Country

U.S.A

Order Book

No

Trade

Yes

Address: S. Francisco

Deposit Method: Cryptocurrency

Withdrawal Method: Cryptocurrency

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