Where is the 2020 “DeFi Summer” generally considered to have started?
The Compound protocol launched in September 2018 and was one of the earliest on-chain lending markets.
Assets deposited in lending protocols are also exposed to risks such as smart contract vulnerabilities and bad debt. Don’t put all your assets into a single protocol.
$COMP is the governance token of the Compound protocol, and distribution began in June 2020. Currently, 23.19.
If you found this useful, save it to revisit later.
#COMP
The Compound protocol launched in September 2018 and was one of the earliest on-chain lending markets.
Assets deposited in lending protocols are also exposed to risks such as smart contract vulnerabilities and bad debt. Don’t put all your assets into a single protocol.
$COMP is the governance token of the Compound protocol, and distribution began in June 2020. Currently, 23.19.
If you found this useful, save it to revisit later.
#COMP