DeFi Startups Built on Compound Weigh What to Do With $200 COMP Tokens
Startups built on Compound's decentralized lending protocol are now pondering the second-order effects of COMP's price surge.
Decentralized exchanges are seeing more action than ever thanks to a surge in decentralized finance activity.
Decentralized options marketplace Opyn has launched put options on COMP that will provide a safety net of sorts should COMP’s fortunes take a turn for the worse.
Following a Tuesday governance vote, daily COMP token distributions will change dramatically, starting Thursday.
The Compound token almost fell back below $200 earlier this week, before Coinbase rode to the rescue. It listed the token for retail users, and gave COMP a nice price bump.
COMP has created a sudden craze for "yield farming." Here are three scenarios illustrating the risks and rewards of DeFi's latest trend.