Rank #2646
CDAI Compound Dai
CDAI Price
$0.02216
-0.12% 24H Volume
$5.04M
Compound Dai Background
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.
Compound Dai News
Compound Dai Organization & Team
Compound is an open-source, autonomous protocol built for developers, to unlock a universe of new financial applications.
More about Compound
Robert Leshner
CEO
Geoffrey Hayes
CTO
Compound Dai Intelligence
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