While chatting with beginners around me, I realized that many people haven't got this straight.
Robert Leshner is the founder of the lending protocol Compound and co-founded Compound Labs with Geoffrey Hayes.
Capital attracted by rewards often leaves when those rewards are reduced, so when evaluating a protocol, it's important to distinguish demand driven by rewards from organic demand.
$COMP is Compound's governance token, and distribution began in June 2020. It's currently at 22.92.
What topic would you like to learn about? Let me know in the comments.
#COMP
Robert Leshner is the founder of the lending protocol Compound and co-founded Compound Labs with Geoffrey Hayes.
Capital attracted by rewards often leaves when those rewards are reduced, so when evaluating a protocol, it's important to distinguish demand driven by rewards from organic demand.
$COMP is Compound's governance token, and distribution began in June 2020. It's currently at 22.92.
What topic would you like to learn about? Let me know in the comments.
#COMP