• Compound makes it easy to borrow and lend cryptocurrencies

    2 monthes ago - By The Next Web

    Cryptocurrencies may be the money of the future, but in comparison to traditional fiat currencies, they lack a mature and diverse ecosystem of financial services. Addressing this is Compound, which launches in September, and wants to bring a functional, liquid money market to several significant cryptocurrencies. From launch, the platform will support Ether and ETH-based tokens, as well as TrueUSD , Basic Attention Token , 0X , and Augur. Users (including hedge funds, individuals, and other decentralized applications) can lend their coins and tokens for interest, or borrow with some...
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