【COMP / Compound】
Market cap 222.86 billion
It is a bank for money that can be freely exchanged on the Internet.
It acts like a bank for virtual currencies. The intermediary is defined as a protocol (a series of smart contracts), and a rate according to supply and demand is offered to both parties. The deposited assets are managed on the contract under the transparency of the blockchain, which can store the monetary value as a database.
It has the following features
Decentralized lending service with no administrator
Profits can be earned by using the service.
You can get COMP, a proprietary token, for free.
Low fees and speedy transactions.
Earn interest income by providing liquidity
An ERC-20 asset that strengthens the community governance of the Compound protocol, where COMP token holders and their proxies debate, propose, and vote on all changes to the protocol.
Compound is one of the decentralized exchanges running on Ethereum that allows users to lend and borrow virtual currency to each other.
The maximum supply is 10,000,000 units.
The maximum supply is 10,000,000 units, which can be purchased on Binance and other sites.
Official website : https://compound.finance/governance/comp
Twitter : https://twitter.com/compoundfinance
Github : https://github.com/compound-finance
