Compound
Compound III is an EVM compatible protocol that enables supplying of crypto assets as collateral in order to borrow the base asset. Accounts can also earn interest by supplying the base asset to the protocol.
The initial deployment of Compound III is on Ethereum and the base asset is USDC.
Name
Compound
Description
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
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