Compound

ABOUT COMPOUND

• Compound has established itself as a leading player in the DeFi space, providing users with innovative ways to lend and borrow crypto.

• Compound has become one of the most popular DeFi lending protocols on Ethereum. By depositing your crypto, you can earn interest at rates that adjust dynamically based on supply and demand.

• Compound is an open-source software development company building tools, products, and services for the DeFi ecosystem.

• The company brings paradigm-shifting technologies to market, emphasizing security, capital efficiency, and radical transparency.

COMP TOKEN

• COMP is designed to incentivize a distributed network of computers tasked with operating a fully decentralized version of a traditional financial/banking market.

• It is designed to connect lenders with borrowers using a combination of powerful smart contracts running directly on the Ethereum blockchain.

• The COMP token also enables community governance of the Compound protocol. Token holders and their delegates can also debate, propose, and vote on changes to the protocol.

CORE FEATURES

• Decentralized Money Markets. 

Users lend, borrow, and earn interest on ETH/ERC‑20 assets through over‑collateralized pools, receiving cTokens that automatically reflect yield.

• Governance & Token Design. 

COMP token holders propose/vote on protocol changes—everything from asset listings to emission rates is community‑controlled.

• Security & Transparency. 

Multiple security audits (OpenZeppelin, Trail of Bits, Certora), formal verification, open‑source code, bug bounty, timelock mechanisms, and over‑collateralized protocols with automatic liquidation.

• Integrations & Ecosystem. 

Works with Coinbase, dYdX, Chainlink oracles, Snapshot, DAOstack for governance, Infura for infrastructure, and others.

• Institutional Focus & Treasury. 

Launched in 2021, Compound Treasury offers institutions ~4% on USDC with on‑demand withdrawals.