Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset (such as Ether, an ERC-20 stablecoin such as Dai, or an ERC-20 utility token such as Augur), and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates. Compound native token is the Compound Governance Token (COMP). Discord | Medium.

Fees

For detailed information regarding fees, please visit the following link: https://compound.finance/ in order to access the Compound fees/commissions' rates.

Rating

0/5

Full address

S. Francisco

A list of related exchanges. The following list contains the top crypto exchanges which support Bitcoin, Ethereum, Litecoin, XRP and other famous alt-coins. Also, this list provides a glimpse overview to indicate which exchanges is better for active trading.