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Building infrastructure for the future of finance.
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Aug 26, 2022 6 tweets 2 min read
Today, following a successful COMP Governance proposal, Compound III is live 📈3⃣

Compound III is a streamlined version of the protocol, with an emphasis on security, capital efficiency, and user experience.

For borrowers, it's a game-changing upgrade.

medium.com/compound-finan… In this version, collateral remains your property; nobody else can borrow or withdraw it. It's safer.

While you won't earn interest on collateral, you'll be able to borrow more, with less risk of liquidation (and lower liquidation penalties)...while spending much less on gas.
Dec 17, 2020 4 tweets 2 min read
Earlier this year, $COMP governance replaced centralized control of the Compound protocol.

The community has bloomed; 32 upgrade proposals, new features, new markets, massive growth.

While you've built, we've been researching ways to expand & improve decentralized finance. Today, we're excited to share the whitepaper for Compound Chain, a distributed ledger capable of transferring value & liquidity between peer ledgers.

compound.cash Compound Chain Whitepaper v0.1