Project Introduction:
Compound is a DeFi protocol based on Ethereum. Its main business is similar to "mortgage lending" of banks. Users can mortgage their own assets in the agreement to obtain annualized income, while the lender of assets needs to pay corresponding interest.
Compound is an algorithm on Ethereum blockchain, autonomous interest rate protocol. Compound has grown into one of the cornerstones of DeFi industry. As of June 25, 2020, compound is the world's largest DeFi protocol, which has locked in more than $500 million of encryption assets and provided more than $900 million of encryption assets.
Basic Information:
Full Name(English):Compound
English Abbr.:COMP
Full Name(Chinese):/
Investor/Institution:/
Issue Time: 2020 年 3 月 4 日
Total Issue:10,000,000
Total Circulation:2,561,279
Currency Unit:COMP
Reference Link:
Official Website:https://compound.finance/
Link to white paper
https://compound.finance/documents/Compound.Whitepaper.pdf
Block browser:https://cn.etherscan.com/token/0xc00e94cb662c3520282e6f5717214004a7f26888
Statement: this Project Information is from the white paper and other official materials released by the official project team, so that investors can better understand the token and its corresponding projects. The content of this paper obtains information through legal channels to ensure the reliability, accuracy and completeness of the information as far as possible, but it does not guarantee the accuracy and integrity of the information described in the report. The content of this paper can not be used as the basis of investment research decision, moral, responsibility and legal basis or evidence, whether it has been expressed or implied.
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