DeFi protocol Compound says multi-chain Comet upgrade is ready to go

08/16 13:30

Decentralized finance (DeFi) lending protocol Compound is getting ready to launch its third version called Comet, the project stated on Tuesday. Compound is a DeFi protocol that lets anyone lend or borrow funds, having put up crypto as collateral. It currently runs on Ethereum but Comet or Compound III will mark its transition to becoming a multi-chain protocol. Commenting on the project's DAO forum, senior software engineer at Compound Labs Kevin Cheng stated that Compound III’s first deployment will be a usd coin (USDC) market on Ethereum. Once launched, the USDC market on Comet will support five different cryptocurrencies that can be used as collateral. These are wrapped ether, wrapped bitcoin, uniswap, chainlink, and Compound’s native coin (COMP).
bullishbullishbullish2bearishbearishbearish1ЛайкПоделиться
Заявление об освобождении от ответственностиМатериалы выше не представляют собой позицию HTX.HTX не дает никаких торговых рекомендаций.

Статьи по теме

  • Image

    BASIS.pro Is Live: Base58Labs Officially Launches Crypto Arbitrage Platform

  • Image

    Strategy responds to MSCI letter, makes case for index inclusion

  • Image

    Compound Finance's X account hacked and has posted a scam link

Все комментарии0НовыеВ тренде

avatar
НовыеВ тренде

Статьи по теме

  • Image

    BASIS.pro Is Live: Base58Labs Officially Launches Crypto Arbitrage Platform

  • Image

    Strategy responds to MSCI letter, makes case for index inclusion

  • Image

    Compound Finance's X account hacked and has posted a scam link