Compound vs Unchained Capital vs Karma
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. | Karma's P2P lending network lowers fees by connecting lenders and borrowers directly. |
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. | Karma is developing a decentralized P2P lending network, powered by the KRM token. It connects lenders and borrowers in a blockchain-based lending platform that is more transparent and has lower fees. Karma allows users to act in a variety of roles within their lending ecosystem, and loans can be tailored in a variety of ways. |