Tag: comp

Decentralized Finance (DeFi) tokens have a huge prospect of yielding profit in the coming year. Thus, market analysts have advised you should have them in your portfolio to benefit from the potential boom.

According to the latest research, one of the industry's largest DeFi protocols is facing an incentive crisis. In his report, Alex Kroeger, an Ethereum researcher, found that most Compound's liquidity miners have little to no economic interest in the protocol and do not participate in...

Compound Finance (COMP) was the latest victim of a bug that led to millions worth of tokens lost. The bug had affected the latest rewards distribution round that saw an additional $50 million worth of COMP tokens distributed. About 280,000 tokens were reported to be at risk after Proposal 062 was executed, leading to discrepancies in the distributed amount sent out to investors....

Compound Finance rolled out Proposal #62 on Wednesday to implement "Dynamic COMP reward distribution," and patch a number of minor bugs. However, soon after executing the upgrade, Compound Labs reported "unusual activity," resulting in some users being able to claim more $COMP tokens than allowable....

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...

July 7, 2021 / Unchained Daily / Laura Shin Daily Bits...

The decentralized finance (DeFi) landscape exploded independently from Bitcoin (BTC) last year and the so-called DeFi summer of 2020, which was ignited by emerging staking...

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...