Compound vs LinkEye vs AltLending
What problem does this service solve?
Compound lets users borrow or lend cryptocurrency and earn an interest rate. | LinkEye's decentralized database of credit data will enable more people to have access to credit and financing. | Altlending enables clients to receive cash loans, by depositing their Bitcoin or Ethereum. |
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. | LinkEye is creating a blockchain platform for a global credit alliance. Their goal is to create a decentralized database for credit data, based on Hyperledger, that will facilitate greater access to loans. The platform is powered by the Ethereum-based LET token. | 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. |