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.

Compound news today, COMP crypto latest news of token ticker

Compound

The first deployment of Compound III is a USDC market on Ethereum. The contracts are on mainnet, and can be activated by Compound Governance.

The next-generation borrowing protocol is approaching launch 📈

https://t.co/DkcjiqTgoS