Where is the 2020 “DeFi Summer” often said to have started?
The Compound protocol launched on Ethereum in September 2018, making it one of the early on-chain lending markets.
Before participating in liquidity mining, factor in the possibility that the reward token may drop in value—the annualized returns shown on the page can change quickly.
$COMP is the governance token of the Compound protocol, and distribution began in June 2020.
If you found this useful, bookmark it so you can come back to it later.
#COMP
Just sharing some thoughts—whether you make money or lose it, you have to bear the consequences yourself.
The Compound protocol launched on Ethereum in September 2018, making it one of the early on-chain lending markets.
Before participating in liquidity mining, factor in the possibility that the reward token may drop in value—the annualized returns shown on the page can change quickly.
$COMP is the governance token of the Compound protocol, and distribution began in June 2020.
If you found this useful, bookmark it so you can come back to it later.
#COMP
Just sharing some thoughts—whether you make money or lose it, you have to bear the consequences yourself.
