What problem does this service solve?

CoinLoan is a P2P lending platform that allows people to use their crytpocurrency assets as collateral to receive loans.Compound lets users borrow or lend cryptocurrency and earn an interest rate.

Token Stats

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Company Description

CoinLoan's peer-to-peer lending network allows users to leverage their blockchain assets to secure loans, and get fast liquidity without having to sell their cryptocurrencies.

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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