What problem does this service solve?

YouHodler is a lending platform that allows people to use their crytpocurrency assets as collateral to receive loans.Compound lets users borrow or lend cryptocurrency and earn an interest rate.

Token Stats

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Company Description

YouHodler is a crypto-backed lending platform that is based in Cyprus and has bank accounts in Switzerland. It allows users to leverage their cryptocurrency assets to secure cash loans, and get fast liquidity without having to sell them.

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.

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