Compound
by Compound
4.5/5
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
- Compound
- https://compound.finance
- Founded 2017
- San Francisco
- Ethereum protocol for money markets.
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.
