Compound outstanding debt grows 400% over 3 days as COMP distribution begins

DeFi ProtocolsJune 19, 2020, 12:32PM EDT
UPDATED: March 10, 2022, 3:39PM EST
Compound outstanding debt grows 400% over 3 days as COMP distribution begins
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Founded in 2018 and backed by leading venture funds Andreessen Horowitz and Paradigm, Compound is an Ethereum-based money market protocol in which rates are set algorithmically according to supply and demand at any given time.   

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