Let’s talk about Robert Leshner.
Launched in 2019, Compound v2 introduced cTokens: receipts you receive when you deposit assets, whose exchange rate increases as interest accrues.
One thing many people overlook: capital attracted by rewards often leaves as those rewards decline, so when evaluating a protocol, distinguish reward-driven demand from organic demand.
After borrowing, keep an eye on the borrowing rate. It often rises significantly when utilization increases.
$COMP is Compound’s governance token, first distributed in June 2020. Current price: 24.97.
#COMP
This is not a recommendation to buy or sell in any form. You assume all risk.
Launched in 2019, Compound v2 introduced cTokens: receipts you receive when you deposit assets, whose exchange rate increases as interest accrues.
One thing many people overlook: capital attracted by rewards often leaves as those rewards decline, so when evaluating a protocol, distinguish reward-driven demand from organic demand.
After borrowing, keep an eye on the borrowing rate. It often rises significantly when utilization increases.
$COMP is Compound’s governance token, first distributed in June 2020. Current price: 24.97.
#COMP
This is not a recommendation to buy or sell in any form. You assume all risk.