The Compound Protocol is an Ethereum smart contract for supplying or borrowing assets. Through the cToken contracts, accounts on the blockchain supply capital (Ether or ERC-20 tokens) to receive cTokens or borrow assets from the protocol (holding other assets as collateral). The Compound cToken contracts track these balances and algorithmically set interest rates for borrowers.
About Compound Dai
Compound Dai Technical Details
- Blockchain Ethereum
Compound Dai Organization & Team
Compound
Compound is an open-source, autonomous protocol built for developers, to unlock a universe of new financial applications.
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