Compound

Compound bug leaves $80 million in COMP at risk of being misrewarded

Compound bug leaves $80 million in COMP at risk of being misrewarded

advertisement A newly introduced upgrade to the DeFi interest rate protocol Compound Finance has contained a bug that leaves some users with unusual amounts of COMP token as rewards to be claimed. “Unusual activity has been reported regarding the distribution of COMP following the execution of Proposal 062,” Compound Labs, the team behind the Compound …

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Here’s how Compound and Aave are now targeting institutional investors

Here’s how Compound and Aave are now targeting institutional investors

Quick Take Decentralized Finance has typically been too unregulated or complex for institutional investors. But some DeFi firms are now trying to offer products aimed specifically at institutions. Here are the key details for the two biggest offerings: Aave and Compound. This feature story is available to subscribers of The Block Daily. You can continue …

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Compound overtakes MakerDAO in value locked

DeFi platform Compound launches permissionless price oracle

Money market protocol Compound has released its own price oracle as part of its efforts to migrate to the Open Price Feed, its permissionless, upgradable price feed.  A price oracle is a third-party, decentralized feed that provides the data necessary to carry out smart contracts. Many Open Finance platforms use price oracles to offer their …

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Compound overtakes MakerDAO in value locked

Compound overtakes MakerDAO in value locked

Compound has overtaken MakerDAO, Saturday, June 20, to become the largest decentralized finance protocol by total value locked according to data from DeFi Pulse. There is approximately $500M in cryptocurrency locked on Compound compared to $486M on MakerDAO. Compound began distributing its native governance token, COMP, on June 15, to token borrowers and suppliers on …

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Compound Tops MakerDAO, Now Has the Most Value Staked in DeFi

Compound Tops MakerDAO, Now Has the Most Value Staked in DeFi

Compound overtook MakerDAO Saturday as the decentralized finance (DeFi) protocol with the most value locked. As of June 20, Compound has $484 million in cryptocurrency locked, while MakerDAO has $481 million, according to DeFi Pulse. The COMP token is trading at $220.25 as of this writing, according to CoinGecko. It’s all time high price has …

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