Tag: compound finance

Oct 01 2021

Founder Of Compound Finance Apologizes For Lashing Out After Bug Caused ~$50M Token Loss

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....

Aug 20 2021

[Updated] How To Earn Interest on Bitcoin – Bitcoin Saving accounts

Do you want to earn interest on Bitcoin holding?Do you want to earn interest on other cryptos that you hold? If your answer is yes to any of these questions, then you have come to the right place. In this resource, you will find some of the best and trustable financial products that let you earn interest on Bitcoin or Altcoin's interest...

Jul 07 2021

COMP Price Prediction

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...

Jan 29 2021

Compound Finance Guide: Earn & Borrow With This Crypto Money Market

Money markets have been around for ages in the traditional finance world – now the crypto world has one of it's own called Compound Finance. Compound is an Ethereum-powered decentralized money market network that allows users to earn interest on deposits and borrow against collateral for interest rates that are based on supply and demand. [...] The post Compound Finance Guide: Earn &...

Jan 25 2021

Collateralized Debt Obligations Make Their Way Into DeFi Lending

Jan 25 2021 Published at CoinDesk under tags  business cdo compound finance defi opium

The future of finance apparently involves Wall Street’s ghosts.

Dec 14 2020

Compound Finance Vote on DAI Liquidation Compensation Nearing Close

Dec 14 2020 Published at Coingape under tags  comp compound finance dai defi defi news

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...

Dec 02 2020

$10.8M Stolen, Developers Implicated in Alleged Smart Contract ‘Rug Pull’

Rogue developers seem to have rug-pulled their own project, Compounder Finance, netting some $10.8 million in funds from the project’s investors.

Nov 12 2020

How To Earn Interest on Bitcoin – Bitcoin Saving accounts

Do you want to earn interest on Bitcoin holding?Do you want to earn interest on other cryptos that you hold? If your answer is yes to any of these questions, then you have come to the right place. In this resource, you will find some of the best and trustable financial products that let you earn interest on Bitcoin or Altcoin's interest...

Nov 05 2020

How to Use Compound Finance

Compound Finance is an Ethereum-based, open-source, decentralized protocol that allows the users to lend and borrow cryptocurrencies by locking up their assets in smart contracts. Users can directly lend their assets to the Compound Finance “liquidity pool” from which a borrower can borrow by locking up their assets as collateral. The amount of tokens a user can borrow depends upon the collateral factor....

Know a good blog/source that is not listed? Contact us or fill the form below to add one: