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

⚡️ kirk ⚡️

Compound Labs

RT @OneTrueKirk: This feels like a good chance to shill my proposal for additional cleanup of @compoundfinance v2 — notably removing $COMP…

This feels like a good chance to shill my proposal for additional cleanup of @compoundfinance v2 — notably removing $COMP as collateral https://t.co/rbeqPRw35Y