CompoundCOMP

Compound COMP is a decentralized lending platform built on the Ethereum blockchain, designed to enable users to lend and borrow cryptocurrencies without intermediaries. Launched in 2018, it operates as an open-source protocol, allowing anyone to participate in the financial ecosystem by providing liquidity or accessing credit. The platform utilizes algorithmic interest rates to optimize borrowing and lending opportunities, ensuring efficient capital allocation. By leveraging smart contracts, Com