🐋 Beyond market watching, you also need to understand these basics: Robert Leshner
Compound’s interest rates are automatically adjusted by algorithms according to the utilization rate of funds in each market, without the need for manual pricing.
Tokens like cTokens, which are deposit certificates, are also tokens; they can be transferred and can be integrated into other DeFi protocols for use, often referred to as “Lego-like” composability.
$COMP is the governance token of the Compound protocol, distributed starting in June 2020. Current price: 21.67.
When you see claims of high returns, keep a cautious eye.
#COMP