Crypto BasicsWhat is Compound (COMP)?Compound set COMP at 10 million. On 15 June 2020 the protocol started paying it to suppliers and borrowers. About 4.23 million were reserved for users. A cToken is a deposit receipt. It is not COMP.EasyCryptoGuides · 16 Jun 2020 · 1 min read
DeFiCompound’s COMP drip is an incentive design, not free yieldAbout 2,880 COMP a day, split by market interest, half to each side. Governance theatre plus a token you can dump. Smart contracts still do not unwind a confused approval.EasyCryptoGuides · 15 Jun 2020, 14:00 UTC · 1 min read
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DeFi