Beltsys Labs
Beltsys Labs
Compound

Compound

Compound is a lending protocol allowing users to borrow and lend DAI, ETH, WBTC, and other tokens.

Ethereum

What is Compound

Compound in a decentralized lending protocol that allows users to borrow, lend, and earn interest in the same type of tokens they've lent. Compound also allows for tokenization of assets locked in the system by using their governance token (COMP). As of August 2022, the platform announced Compound III, which keeps user collateral from being distributed after it is deposited.

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