Category : Others
Compound is an open-source protocol for algorithmic, efficient Money Markets on the Ethereum blockchain. Users and applications can seamlessly earn interest or borrow ERC-20 tokens without managing an order book; Compound automatically optimizes interest rates based on the supply and demand unique to each asset. The Compound Protocol is designed with developers in mind; for the first time, applications can easily monetize or borrow tokens. We've designed the Compound Wallet as a functional interface to the protocol; we're excited to see what you come up with.