Compound

by Compound

4.5/5

(1)
View Profile

AltLending

by Dominion Capital

(0)
View Profile

Venus Token

by Venus

(0)
View Profile

Compound

by Compound

4.5/5

(1)
View Profile

AltLending

by Dominion Capital

(0)
View Profile

Venus Token

by Venus

(0)
View Profile

What problem does this service solve?

Compound lets users borrow or lend cryptocurrency and earn an interest rate.Altlending enables clients to receive cash loans, by depositing their Bitcoin or Ethereum.Venus is a decentralized lending marketplace that algorithmically connects lenders and borrowers.

Token Stats

Not Relevant

Company Description

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.

AltLending is an institutional, crypto-backed lending platform that makes U.S. Dollar loans that are secured by cryptocurrency assets placed in collateral. AltLending is a subsidiary of Dominion Capital and is based in New York.

The Venus token enables the Venus Protocol; an algorithmic-based money market system designed to bring a complete DeFi lending and credit system onto the Binance blockchain. The Venus token (XVS) is designed to be a fair launch cryptocurrency, without any designated allocations to a founding team. XVS tokens can only be earned by contributing liquidity to the protocol. Venus allows users to deposit collateral to the network that can then be borrowed by other users that are required to place tokens as collateral. This creates a secure lending environment with the lender receiving an interest payment that is distributed per block, and the borrower paying an interest on the cryptocurrency they borrowed.

Ratings

Overall

4/5 (1)

(0)

(0)

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