Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
Compound (COMP) is an ERC-20 asset that empowers community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on all changes to the protocol. By placing COMP directly into the hands of users and applications, an increasingly large ecosystem will be able to upgrade the protocol, and will be incentivized to collectively steward the protocol into ...
Compound money markets are defined by an interest rate, applied to all borrowers uniformly, which adjust over time as the relationship between supply and demand changes.
Compound money markets are defined by a pair of prevailing interest rates (the supply and the borrowing rate), applied to all users uniformly, which adjust over time as the relationship between supply and demand changes.
Governance Compound III is a decentralized protocol that is governed by holders and delegates of COMP. Governance allows the community to propose, vote, and implement changes through the administrative smart contract functions of the Compound III protocol. For more information on the Governor and Timelock see the original governance section. All instances of Compound III are controlled by the ...
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