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Rank: Default Symbol
Location:Coin Information>COMP

【COMP】Compound Wallet Download and Info

COMP
  • NameCompound
  • SymbolCOMP

Introduction

Compound is a decentralized creating a safe positive-yield approach to storing assets. Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset, and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates.

Specification

  • Release date:
  • Total coins: 10000000+
  • Supply: 5506107.51+
  • Market Cap: $ 2197371878.9833
  • Algorithm:
  • Block time: sec
  • Block reward:
  • Retarget:
  • Proof:

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