Nick Chong · 40 mins ago · 2 min read
Read the latest › ETH 2.0
Read the latest › Regulation
Shaurya Malwa · 4 days ago · 2 min read · Insights via ConsenSys
Shaurya Malwa · 1 day ago · 2 min read
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.
An exploit on Compound is allowing users to leverage their initial capital multifold, creating more Compound DAI than real DAI, and a situation that some are terming impossible.Shaurya Malwa · 4 months ago · 2 min read
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