Compound is an algorithmic, autonomous interest rate protocol built for developers to unlock a universe of open financial applications. It allows users to earn interest on their cryptocurrency supplied to the protocol and borrow assets by providing collateral, with interest rates adjusting dynamically based on supply and demand. COMP is the governance token that empowers the community to propose and vote on changes to the Compound protocol, ensuring its decentralized and community-driven evolution.
What is Compound (COMP)?
Discover the key facts about Compound (COMP).
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Donate Other Cryptos We are able to process some donations of cryptocurrencies that aren't listed in The Giving Block's Donation Form. Please read this information and/or contact us to verify. Read more
Crypto Glossary for Nonprofits and Donors: 60+ Terms Explained We’ve put together a glossary of the most popular, essential, and amusing jargon, terms, shorthands, and slang. Read more
What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
