Tag: compound

Aave and Compound are two of the most popular cryptocurrency lending protocols with competitive rates. As such, Aave and Compound are frequently compared. Aave’s rise from its early days as ETHlend and its growing influence in the DeFi (Decentralized Finance) space makes for an impressive narrative. The...

In another intriguing development for Fuse Network, the blockchain has disclosed plans to launch the first-ever lending protocol on its platform. Announcing the new decentralized finance (DeFi) protocol via an official blog post, Fuse Network said the new lending protocol would differ from existing lending services. Adding that, the protocol...

Amid the ongoing dip in the broader cryptocurrency market, the decentralized finance (DeFi) ecosystem is wielding a major resilience as the combined Total Value Locked (TVL) on major smart contracts stays above the...

This article is a complete guide on Compound cryptocurrency. Decentralized Finance (DeFi) is growing beyond the unsafe use cases and simple money legos. Compound cryptocurrency seems to be the next sound development in a long roll of money protocols. The question is that is Compound crypto a good investment?. Let’s take a look at it in more detail....

Aave and Compound are two of the most popular cryptocurrency lending protocols with competitive rates. As such, Aave and Compound are frequently compared. Aave’s rise from its early days as ETHlend and its growing influence in the DeFi (Decentralized Finance) space makes for an impressive narrative. The upstart platform often battles and sometimes even bests the upper echelon of...

The decentralized finance lending and borrowing ecosystem continues to expand with new milestones being made in terms of collateral volumes. Industry analytics provider Messari has been delving into the top DeFi protocols, revealing that the cumulative daily borrowing volume is currently $7.6 billion. This is all of the previous volumes together, not the amount of crypto collateral borrowed every day....

Bitcoin breaks out, Twitter CEO Jack Dorsey sets up bitcoin node and Bank of England warns on negative rates, but it's DeFi that's mooning.

Compound (COMP) price has entered price discovery mode following Bitcoin and LINK. Key takeaways from today's Daily COMP price analysis. Local S/R and Bullish Volatility Expansions Structural S/R Breached with Fibonacci...

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 &...

Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action.

"TVL isn't the best indicator when ETH and all other crypto is green for weeks," one observer said of DeFi's recent growth.

Decentralised finance or DeFi was already present in 2015 when Maker Foundation launched a decentralised lending platform under the name Maker DAO. But DeFi did not shape up until 2018. In early 2018, Uniswap was already a functioning service, and Compound was launched in 2018. But even then DeFi was not nearly as popular as it became in 2020.

"We want to announce the designs for a blockchain that can scale Compound over the next century," Compound founder Robert Leshner told CoinDesk.

Crypto.com has just announced the launch of DeFi Earn, a new feature included in its DeFi Wallet app. Crypto.com Zeroes in...

With just a bit more than two full weeks left until the end of 2020, many people, including some cryptocurrency investors, are already looking forward and hoping for a better and less uncertain 2021. Nevertheless, 2020 has not ended yet and a lot can happen on the cryptocurrency markets in these remaining two weeks. While Bitcoin probably won’t double its value this December...

There are now over one million DeFi users. Dune Analytics has published data analyzing the usage of key DeFi protocols. It found that 1,001,461 unique addresses...

Ryan Watkins and Wilson Withiam, senior research analysts at Messari, explain the nuts and bolts of Ethereum 2.0, including how it will transform ETH as an asset and why they believe it will be Ethereum’s most ambitious upgrade yet. Topics include: the different phases of Ethereum 2.0 and the functions they serve...

On Thursday, November 26th, the price of the Dai stablecoin (ordinarily ~$1 USD) exploded up to $1.30 on Coinbase as traders tried to snag up funds en masse to pay back, and thus keep afloat, their DeFi lending positions. Yet this Dai price spike, combined with an acutely falling ETH price, pushed some Dai positions [...] The post To Chainlink? That's the DeFi...