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What is Compound Dai?

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 Technical Details

Blockchain

Compound Dai Team

Robert Leshner
Robert Leshner

CEO

Geoffrey Hayes
Geoffrey Hayes

CTO

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