Compound Archives - The Defiant

Compound Treasury is the First Step in a Symbiotic DeFi-FinTech Relationship

Research / By Lucas Outumuro / July 1, 2021 July 1, 2021 / Compound, Current, Fintech

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock DeFi is gearing up for broader adoption. Currently most DeFi protocols are looking at layer 2 scaling solutions or a multi-chain approach to be able to make transactions more affordable and scalable. While this reduces new users’ barriers to entry in terms of cost, they still have to …

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InstaDapp Releases Governance Token with 55% for Community Members

Byte, News / By Dan Kahan / June 17, 2021 June 17, 2021 / Aave, Compound, DeFi, Ethereum, Governance, MakerDAO, Polygon, Uniswap

DeFi infrastructure protocol InstaDapp has launched their governance token, INST, on Ethereum Mainnet. INST holders will be able to discuss and vote on all future InstaDapp protocol upgrades. InstaDapp has minted 100M INST, allocating 55% for community members and the other 45% for team members, investors, and advisors. Initially, 10M INST will be available to …

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Compound Assets Locked Jump After Single Whale Deposits 629k ETH

Dive, News / By Lucas Outumuro / April 8, 2021 April 8, 2021 / Compound, Markets

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

Dive, News / By Owen Fernau / March 3, 2021 March 29, 2021 / Compound, Cross-Chain

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

Dive, News / By Cooper Turley / December 18, 2020 December 18, 2020 / Compound, Cross-Chain

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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