Compound (Comp)

Compound Finance is a decentralized landing protocol in which interest rates are formed algorithmically on the basis of a demand and demand ratio.

#Compound

Compound Defi Protocol has suspended the support of ZRX, BAT, MKR and YFI tokens

The Compound Community voted for suspension of support for relatively low -liquid tokens.

COMPound Defi project has launched a lending service for institutional

Compound Labs, standing for the development of the landing project of the same name, announced the launch of the lending service for institutional investors.

Compound temporarily froze Ceth operations due to error in updating the protocol

The Compound Landing Protocol suspended lending and output for CETH tokens after detecting an error in the activated Proposal 117. The proposal has updated price flows for Compound V2.

Compound announced the launch of the third version of Defi Protocol

The Landing Project Compound announced readiness to launch the third version of the protocol called Comet.

Compound community members halved the awards for the pharmaceutical

The Community of the Compound Landing Project voted for reducing twice awards in the COMP tokens, which users receive for activity on the platform.

Justin San was accused of manipulating voting in the Compound protocol

The founder of Tron Justin Shana was accused of “Hovernance Attack) of the Compound Landing Protocol Protocol. GFX Labs analysts claim that he tried to use the COMP loan to promote a proposal to integrate TUSD stablecoin as a collateral asset.

Research: DEFI controls are rarely used as intended

Economist Alex Krueger concluded that tokens accrued as part of the mining programs are often used inefficiently.

Messari: The COMPOUND loan volume increased by 57%

Against the background of the liquidity of the Compound protocol, the volume of loans issued in the III quarter of 2021 increased by 57%, but the percentage income of users decreased by 19%. Messari analysts came to such conclusions.

Compound will correct the error with the distribution of control tokens

Compound community members unanimously approved REP-064 activation. It is designed to correct the error in the process of distributing the COMP control tokens that arose during the previous renewal of the landing protocol.

The Compound protocol has again lost tens of millions of dollars from a bug in a smart contract

Compound may lose more than $ 160 million from a bug in the Comptroller smart contract, which already cost a landing protocol $ 82 million.

Jack Chervinsky announced the departure from Compound Labs

On October 1, Jack Chervinsky said that he left the post of chief legal adviser Compound Labs. He held this post for two and a half years.

The Compound project suffered multimillion-dollar losses due to error in updating the protocol

The developers of the Compound Landing Protocol reported an error during the distribution of the COMP control tokens arising after the RFP-062 activation. According to the founder of the project Robert Leshner, in the worst case, the damage will exceed $ 82 million.

What is Compound (Comp)?

Compound Finance is a decentralized landing protocol in which interest rates are formed algorithmically on the basis of a demand and demand ratio.

Compound Labs has provided institutions with Defi ecosystem access

Compound Labs, standing behind the development of the landing project of the same name, opened the subsidiary of the Compound Treasury. It provides neobanks and other financial institutions with DEFI ecosystem access.

Defi chronicles in 2020: rapid growth, problems and obstacles for institutional

For the crypto industry, 2020 was marked by the rapid growth of the decentralized finance sector (Defi). The number of users, the number of projects and the volume of locked cost in smart contracts has grown ten times.

Compound Defi Project will launch a crosschain-protocol

The Compound Landing Defi Project presented the Whitepaper with a detailed description of Compound Chain, a new protocol designed to ensure the interaction of assets from various blockchains.

Increasing the price of the DAI Defi-Token entailed the liquidation of $ 100 million in Compound

A short-term increase in DAI Defi Token on the Coinbase Exchange has led to the elimination of users of users of the COMPound cryptocurred platform by millions of dollars.

Ledger added the possibility of passive earnings on stablecoins

Ledger’s hardware wallet developer announced cooperation with the COMPOUND Defi platform to launch a new lending function.

The company founder Compound attracted $ 4 million to launch the investment fund in Defi projects

Robot Ventures investing in cryptocurrency startups, which is headed by the founder of the protocol of decentralized finance Compound Robert Leshner, attracted $ 4 million for its second fund. He will develop Defi projects.

ChainLink, Loopring and Compound tokens are added as collateral options to the MakerDao system

The MakerDao community voted for adding Link, LRC and COMP tokens as new options to ensure the release of stablecoin DAI.

MakerDao, Compound and Dydx are included in the Defi Consortium under the auspices of Huobi

Huobi cryptocurrency exchange, focused on the development of projects in the field of decentralized finance (Defi), formed Global Defi Alliance – “International Consortium of Centralized and Decentralized Providers of Financial Services and Plates”.

The Compound Defi Platform has launched a publicly available oracle of cryptocurrency prices

The Compound decentralized finance protocol launched its own Oracle of cryptocurrencies as part of the transition to the price flow with free access of the Open Price Feed. The developers reported this on the blog.

AAVE shifted Compound from the second line of Defi-rating

There were rocks on the decentralized finance protocols. Maker returned leadership, and Compound lost the second line to the competitor of AAVE rapidly setting.

The volume of assets frozen in Defi protocols exceeded $ 3 billion

The total volume of decentralized finance services reached a record $ 3.01 billion, according to the Defi Pulse portal.

Research: Compound tokens are mainly used for speculation

Most COMP holders, the COMPound Defi Protocol Management Token, use it mainly for speculation, and not for issuing or receiving loans, the Flipside Crypto study says in a study.

The volume of loans issued through Compound exceeded $ 1 billion

The total volume of issued loans on the COMPound cryptocredit platform exceeded $ 1 billion with 4575 borrowers. This is evidenced by data on the project website.

Compound added support for WBTC token secured by bitcoin

Compound Defi Protocol Token Holders approved the use of Wrapped Bitcoin (WBTC) as collateral, the results of the past vote indicate the results.

What is profitable farming in Defi and how they earn it

House farming (from English – Yield Farming) is one of the most popular investment strategies in the decentralized finance sector (Defi). Especially for FORKLOG, Zerion co -founder Vadim Koleshkin explained what it is and how to sow, grow and harvest.

The volume of assets blocked in Defi protocols exceeded $ 2 billion

DEFI services frozen funds for a record $ 2.02 billion. Compound dominance index was 32.71%. Such data are given by the analytical resource Defipulse.

Report: Defi market broke several records at once

Activity in the decentralized finance market (Defi) has significantly increased. Thanks to the Compound project, the popularity of the BAT browser token and the Ponzi circuit in the segment, several records were set at once.

The founder of Compound accused Celsius Network of potential fraud

A large -scale skirmish on Twitter broke out between representatives of the cryptocurred corporal platforms. The beginning of this was the statement of the founder of Celsius Alex Mashinsky, in which he called partial reservation a threat to the entire world economy.

The volume of DAI in Compound exceeded the market proposal of stablecoin

The volume of DAI tokens blocked in the COMPOUND in the Defi Protocol exceeded the total emission of stablecoin by more than three times. This was announced by the operating director of Deversifi Daniel Yanev.

How the Compound Defi Service caught up and overtook competitors

Over the past few weeks, the landscape of the decentralized finance market (Defi) has changed dramatically. The Landing Project Compound, which has The Cataverse: long occupied the second place of the Defi Pulse rating, suddenly escaped to the leaders.

The price of the COMPOUND Defi Service has collapsed after listing on Coinbase

On June 23, at the largest American Coinbase crypto-story, TOKEN TOKEN TOCENTED TO today the COMPOUND Defi project. Soon after, there was a serious dump price for the price of the COMP.

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