Keep these points in mind about Robert Leshner:
1) The COMP model of “using a protocol to earn tokens” inspired many projects to follow suit. The summer of 2020 is also often called “DeFi Summer.”
2) The Compound protocol launched on Ethereum in September 2018 and was one of the earliest on-chain lending protocols.
3) When participating in liquidity mining, remember to factor in the possibility that reward tokens may fall in value; the displayed annualized yield can fluctuate rapidly.
$COMP is the governance token of the Compound protocol, and distribution began in June 2020.
1) The COMP model of “using a protocol to earn tokens” inspired many projects to follow suit. The summer of 2020 is also often called “DeFi Summer.”
2) The Compound protocol launched on Ethereum in September 2018 and was one of the earliest on-chain lending protocols.
3) When participating in liquidity mining, remember to factor in the possibility that reward tokens may fall in value; the displayed annualized yield can fluctuate rapidly.
$COMP is the governance token of the Compound protocol, and distribution began in June 2020.