Compound

Compound Assets Locked Jump After Single Whale Deposits 629k ETH

Compound has become the number one DeFi protocol by value locked. Compound had already been leading in terms of liquidity supplied—with over $15 billion deposited at the time of writing—but lagged behind MakerDAO in TVL. And one notable wallet recently made a significant contribution to those assets. The reason for this difference boils down to the …

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Compound Wants to Enable Cross-Chain Borrowing

Compound Finance has introduced a prototype blockchain which allows users to borrow on one chain against collateral on another chain. When the blockchain, called Gateway, is live, users will be able to, for example, deposit Polkadot’s native DOT token, and borrow Ether against that collateral, freely using that ETH in the Ethereum ecosystem. This contrasts …

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Compound Chain Foreshadows Cross-Chain DeFi Lending

Compound Finance is entering uncharted DeFi territory with an independent blockchain called Compound Chain. Underpinned by a native unit of account called CASH, Compound Chain is a “reimagination of the Compound Protocol” that is “proactively preparing for the rapid adoption of digital assets, both on Eth2 and central bank digital currency ledgers,” according to compound.cash. …

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Getting Started With DeFi

In this guide we’ll be helping you take your first steps into the boundless world of Decentralized Finance, better known as DeFi. DeFi is a growing movement which has the potential to democratize access to  financial services.  This emerging ecosystem is being built on global, public and distributed networks such as Ethereum, and uses smart …

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