Cross-Chain

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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