Compround is an ERC-20 token and a decentralized landing protocol on which interest rates are formed based on supply and demand. In other words, it's an open money market, where users place crypto assets, as well as borrow funds.

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Compound

Multi-Collateral $DAI has been added to the Compound protocol— you can now supply and borrow the latest version of DAI 🎉

Multi-Collateral $DAI has been added to the Compound protocol— you can now supply and borrow the latest version of DAI.