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

Compound Labs

RT @compoundfinance: Compound III is a collateralized borrowing protocol that optimizes capital efficiency, gas costs, and security.

Propo…

Compound III is a collateralized borrowing protocol that optimizes capital efficiency, gas costs, and security.

Proposal 116 begins the launch, initializing a USDC market on Ethereum; voting begins in 2 days.

Compound III is in your hands 📈

https://t.co/gKUbyWdCaL