Compound vs Unchained Capital vs HERO Token
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. | HERO's goal is to connect borrowers and lenders in a decentralized lending marketplace. |
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. | 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. | HERO is developing a blockchain-based lending marketplace that will connect borrowers and lenders. The network will be powered by the Ethereum based HERO token. The project was originally focused on using blockchain to promote financial inclusion in Southeast Asia. |