Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform. Compound is a decentralized blockchain protocol that allows users to lend or borrow selected cryptocurrencies. It establishes money markets by pooling assets together and algorithmically setting interest rates based on supply and demand of assets. To...
A governance vote on the Compound Finance DeFi platform regarding compensation for users that lost finds through DAI liquidations is just hours away from conclusion with votes against dominating. The thirty-second governance proposal would distribute COMP tokens to offset losses incurred by liquidated DAI stablecoin positions. As it stands, a majority vote of 76% is The post Compound Finance Vote on DAI Liquidation...
After a significant correction through October 2020, the DeFi market has bounced back very strongly once again. Over the last week, the DeFi market has outperformed the overall crypto market in terms of the overall percentage gains. The Defi...
Compound lifts off from recent lows above $92 to retest $120 before gaining ground to $125. Bulls are fully in control of the trend and likely to push the throttle forward to complete the remaining part of the journey to $125. Compound is one of the most-improved decentralized finance (DeFi) tokens in terms of price The post Compound Technical Analysis: COMP Awaits Ultimate...
Ethereum (ETH) miners are making a fortune this year in 2020! Thanks to the mad craze in the Decentralized Finance (DeFi) market that has helped to fuel the growth of the Ethereum network. As per the latest...
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