<p>The team behind money market protocol Compound has released a white paper detailing Compound Chain, a new tool they say could bring more assets into the protocol from numerous ledgers. </p> <p>The <a href="https://twitter.com/compoundfinance/status/1339660221359124481">announcement</a> describes Compound Chain as "a distributed ledger capable of transferring value and liquidity between peer ledgers." In other words, users can borrow and lend cross-chain assets from different blockchains like Polkadot and Tezos, in the Compound Chain. </p> <p>The blockchain will have its own native token called CASH, which will be used to pay for transaction fees. </p> <p>According to the announcement, the blockchain will still be governed by the traditional Compound Governance structure via COMP tokens on Ethereum. </p> <p>The team says it is building a limited-feature testnet implementation, which it expects to release in early 2021. </p>