1/ Compound ($COMP$) Is Up 67% Over The Last 7 Days What is it? Compound is a DeFi lending protocol.
It lets users earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.
Why it’s up:
There’s been a lot of whale activity recently. Aka crypto wallets with large balances have been buying.
The founder just announced a new project called Superstate Funds. It will create a short-term government bond fund using the Ethereum blockchain as a secondary record-keeping tool.
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TODAY'S CRYPTO WINNER
1/ Compound ($COMP$) Is Up 67% Over The Last 7 Days
What is it? Compound is a DeFi lending protocol.
It lets users earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.
Why it’s up:
There’s been a lot of whale activity recently. Aka crypto wallets with large balances have been buying.
The founder just announced a new project called Superstate Funds. It will create a short-term government bond fund using the Ethereum blockchain as a secondary record-keeping tool.