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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The Compound Digest: Compound III product updates, grows to ~$650M in total assets https://t.co/iMzOXQBkjz

The Compound Digest: Compound III product updates, grows to ~$650M in total assets.