Compound vs Unchained Capital vs CoinLoan
What problem does this service solve?
Compound lets users borrow or lend cryptocurrency and earn an interest rate. | Unchained Capital is a lending platform that allows people to use their crytpocurrency assets as collateral to receive loans. | CoinLoan is a P2P lending platform that allows people to use their crytpocurrency assets as collateral to receive loans. |
Token Stats
Not Relevant | 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. | Unchained Capital is a financial services company that offers crypto backed loans. Users can secure cash loans for a variety of personal and business purposes by placing their Bitcoin or Ethreum as collateral. These funds are held in their multi-signature cold-storage custody solution. | 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. |