Where is the 2020 wave known as “DeFi Summer” commonly thought to have begun?
Robert Leshner is the founder of the lending protocol Compound. He co-founded Compound Labs with Geoffrey Hayes.
After borrowing, keep an eye on the borrowing rate. It may rise sharply when fund utilization increases.
$COMP is the governance token of the Compound protocol, and distribution began in June 2020.
What do you think about this? Feel free to discuss in the comments.