Built an algorithmic, autonomous interest rate protocol for developers.
Compound (COMP) is an Ethereum token that enables community governance of the Compound protocol. The protocol is a series of decentralized interest rate markets that allow users to supply and borrow Ethereum tokens at variable interest rates. COMP token holders and their delegates can also debate, propose, and vote on changes to the protocol.
For more including pricing, history and market insights see: Compound
We built an algorithmic, autonomous interest rate protocol for developers. Discord: https://t.co/oaaFr6qJAc Newsletter: https://t.co/ZhGuoeW9yH
This morning, $DAI prices on Coinbase Pro escalated rapidly, leading to the liquidation (repayment) of 85.2M DAI borrowed from Compound.
124 of 225,793 users were impacted; there are no under-collateralized accounts, and all markets are healthy.
The community asks,
Should Compound Retroactively Airdrop $COMP to Early Users?
Ledger Live is now the easiest way to interact with the Compound protocol using a hardware wallet--no website needed 🔒📈
Lend directly through Ledger Live and our partner, Compound
Ledger and our partners are already here for you in your crypto journey. As of today, it becomes even bigger: ...
This Autonomous Proposal, to allow cUNI token-holders to vote as a block on @UniswapProtocol proposals (using off-chain voting) has gathered the necessary support, and has become $COMP Proposal 28.
Setup community cUNI Voting
Assuming the success of proposal 25 we will soon have a significant amount of UNI locked up un the cUNI contra...
Hey COMP holders, I've deployed a Compound Autonomous Proposal that will allow for cUNI holders to vote as a block on @UniswapProtocol proposals based on off-chain voting. Delegate COMP to the address below!
The 8 pages that kickstarted the DeFi revolution: https://compound.finance/documents/Compound.Whitepaper.pdf
In the latest newsletter,
📈 $COMP is added to the protocol as a supported market
📞 Developer Community Calls begin (join on Wednesday!)
💙 Coinbase adds new Earn educational content
⚖️ Governance updates
cCOMP Launches, Compound Developer Community Calls, New Coinbase Earn Tasks, and Governance Updates
Compound Digest - October 22, 2020
I've been thinking about @compoundfinance's collateral factor and have a new idea to handle protocol asset risk.
The Compound Governance token has been added as a supported market; by supplying $COMP, you'll receive cCOMP, which:
💴 Earns interest
🦾 Allows you to borrow all supported assets
📈 Pools votes with all cCOMP holders, to vote as a block in Compound governance
Little known fact: the original Compound homepage showed off the Mars ambitions...