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Compound

COMP

About

Compound is a decentralized blockchain protocol that allows users to lend or borrow selected cryptocurrencies.

$438,180,666

30d

+0%

N/A

Reward Options
Risk
Complexity
Reward
Adj. Reward
Minimum
Lock Up
Avg. Fee
Staking Ratio
Lend Compound
Risk
moderate
Complexity
moderate
Reward
1.49%
Minimum
-
Lock Up
-
Staking Ratio
-
Adj. Reward
1.49%
Avg. Fee
-

Calculate how much you can earn by staking Compound. Results vary based on the staking amount, term, and type selected.

USD
COMP

Advanced calculator

Revenue over time (USD / week)

Total Reward Rate

0%

or 0% annualized

Est. Monthly Earning

$0

0 COMP

Est. Yearly Earning

$0

0 COMP

FAQ's

  • What is Compound?
  • Compound is a decentralized blockchain protocol that allows users to lend or borrow selected cryptocurrencies. It establishes money markets by pooling assets together and algorithmically setting interest rates based on supply and demand of assets.

    To supply or lend crypto assets on Compound, users will have to deposit their crypto assets into the Compound protocol and it will be aggregated into a liquidity pool. Once users have made the deposit, they will receive cTokens in return. Users will start accruing interest by holding the cTokens.

    Once assets are supplied to Compound, users are allowed to use the assets as collateral. Based on the collateral factor of the assets deposited, users can start borrowing from Compound. Because Compound uses an overcollateralization model, you can never borrow more than what is collateralized.

  • Who is the Team behind Compound?
  • Some of the core team includes the following:

    Robert Leshner – Founder

    Geoffrey Hayes – CTO

    Torrey Atcitty – APPLICATION LEAD

    Calvin Liu – STRATEGY LEAD

    Coburn Berry – SENIOR ENGINEER

    Jared Flatow -SENIOR ENGINEER

    Jayson Hobby – HEAD OF DESIGN

    Jake Chervinsky – GENERAL COUNSEL

  • How was Compound launched?
  • Compound launched its governance token, COMP, on June 16, 2020.

    ICO Token Price: 1 COMP = 34 USD

  • How to Stake COMP?
  • We currently only track COMP lending, custodial lending providers will pay you an APY on deposits.

  • How much can I earn Staking COMP?
  • Based on current market examples you can expect to earn a baseline APY around 2.5%.

  • Any risks to Staking COMP?
  • There is always risk when doing custodial lending, for non custodial lending there is smart contract risk.