Options Protocol Brings ‘Insurance’ to DeFi Deposits on Compound
A company called Opyn is bringing trustless insurance to the Compound DeFi protocol.
Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis.
Coinbase is making it easier for its Custody clients to vote their tokens on more DeFi protocols. New tools for Compound were announced Thursday.
Users of the Compound lending platform will begin earning COMP governance tokens in mid-June.
DeFi may actually grow during the coronavirus crisis. TD Ameritrade, Cumberland, CMT Digital, DV Trading and Jump Trading are hoping to facilitate.
DeFi platform Compound is launching the testnet of a new platform today for decentralizing the site's governance.