What problem does this service solve?

Compound lets users borrow or lend cryptocurrency and earn an interest rate.

Average Rating1 Rating

  • Overall

    4/5

  • How likely is it that this platform will exist in 10 years?

    5/5

  • How effective is this platform in connecting supply and demand?

    4/5

  • How does this platform compare to other decentralized lending services?

    4/5

  • How likely is it that you would use this type of lending service?

    5/5

  • Do you agree that this blockchain-based solution can improve upon existing technology?

    5/5

Company Details

Token Stats

About Compound

Compound is an Ethereum-based lending platform that allows DApps to easily monetize or borrow tokens. The Compound token is used to power a money lending market for crypto assets. Projects can earn interest on funds that are inactive. The Compound protocol adjusts money market interest rates based on asset-specific supply and demand. This allows users to exchange Ethereum assets without having to negotiate terms, rates, or technical requirements.

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