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

Today, following a successful COMP Governance proposal, Compound III is live 📈3⃣

Compound III is a streamlined version of the protocol, with an emphasis on security, capital efficiency, and user experience.

For borrowers, it's a game-changing upgrade.

https://t.co/lmYs2DThBo

Today, following a successful COMP Governance proposal, Compound III is live.