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

Maker

Compound Labs

RT @MakerDAO: What a joy to see the D3M hitting a new all-time high!

Yesterday, the @compoundfinance D3M debt ceiling was raised from 5 mi…

What a joy to see the D3M hitting a new all-time high!

Yesterday, the @compoundfinance D3M debt ceiling was raised from 5 million to 20 million DAI, and now the DAI generated from this Maker Protocol's wholesale credit engine has filled it up  🌊

→ https://t.co/NOxDL5ugo6 https://t.co/jQlzepqvgr

RT @MakerDAO: What a joy to see the D3M hitting a new all-time high.