Who is Robert Leshner? No worries—the class rep is here to explain:
Compound v2, launched in 2019, introduced cTokens: tokens you receive after depositing assets, whose value grows as interest accrues.
“Liquidity mining” refers to a protocol rewarding users who deposit and borrow with its own tokens, in order to attract funds and decentralize governance.
Back then, I didn’t understand this and wasted enough money to buy milk tea for months.
$COMP 22.81(-2.85%)
#COMP
Not a trading signal.
Compound v2, launched in 2019, introduced cTokens: tokens you receive after depositing assets, whose value grows as interest accrues.
“Liquidity mining” refers to a protocol rewarding users who deposit and borrow with its own tokens, in order to attract funds and decentralize governance.
Back then, I didn’t understand this and wasted enough money to buy milk tea for months.
$COMP 22.81(-2.85%)
#COMP
Not a trading signal.