Crypto trivia 📚 Robert Leshner
Compound’s interest rates are automatically adjusted by an algorithm based on the utilization of funds in each market, so there’s no need for manual pricing.
The Compound protocol launched in September 2018 and was one of the early on-chain lending protocols.
When I first got into crypto, I thought knowing how to read candlestick charts was enough. Later, I realized that understanding the rules is the first lesson.
$COMP is the governance token of the Compound protocol. Distribution began in June 2020. Current value: 22.81.
#COMP
The above is for informational purposes only and does not constitute investment advice.
Compound’s interest rates are automatically adjusted by an algorithm based on the utilization of funds in each market, so there’s no need for manual pricing.
The Compound protocol launched in September 2018 and was one of the early on-chain lending protocols.
When I first got into crypto, I thought knowing how to read candlestick charts was enough. Later, I realized that understanding the rules is the first lesson.
$COMP is the governance token of the Compound protocol. Distribution began in June 2020. Current value: 22.81.
#COMP
The above is for informational purposes only and does not constitute investment advice.