#cToken

[dexnewsupd]

How Compound Finance and Compound Protocol are Leading the Way in Decentralized Finance

Introduction

Decentralized Finance (DeFi) is one of the most significant developments in the cryptocurrency world, providing innovative financial services without relying on traditional banks. At the heart of this revolution is Compound Finance, a decentralized platform that allows users to lend, borrow, and earn interest on their cryptocurrency assets. The Compound Protocol, an open-source algorithmic protocol, is the engine behind the platform, enabling seamless transactions within a trustless environment.

In this article, we will dive deep into the Compound Protocol, explore the workings of Compound Finance, and understand how this groundbreaking platform is shaping the future of decentralized finance. Additionally, we'll look at its key benefits, potential risks, and the growing role it plays in the rapidly evolving DeFi ecosystem.

What is Compound Finance?

Compound Finance is a decentralized, Ethereum-based lending platform that empowers users to earn interest on their crypto assets or borrow against them without the need for intermediaries such as banks. Launched in 2018, Compound allows users to supply their cryptocurrencies to liquidity pools and automatically accrue interest. In return, lenders receive cTokens (such as cDAI or cETH), which represent their supplied assets and can be used to redeem their original deposit along with the accrued interest.

For borrowers, Compound Finance allows them to borrow assets by collateralizing their crypto holdings. This system ensures flexibility, as users can hold onto their crypto while still gaining access to liquidity in a decentralized manner. The platform’s Compound Protocol ensures transparency and security, as it’s governed entirely by smart contracts and the community through COMP governance tokens.

How Does Compound Protocol Work?

The Compound Protocol is the backbone of Compound Finance, facilitating all lending and borrowing activities on the platform. It is an algorithmic, decentralized protocol that matches borrowers and lenders, dynamically adjusting interest rates based on the supply and demand for each cryptocurrency.

Here’s a detailed breakdown of how it works:

1. Supplying Assets

Users can supply a variety of supported cryptocurrencies, such as Ethereum (ETH), USDC, or DAI, into Compound’s liquidity pools. Once assets are supplied, users receive cTokens (for example, cDAI or cETH) representing their stake in the liquidity pool. These cTokens accrue interest over time, which can be redeemed along with the principal at any time.

2. Borrowing Assets

Borrowers can access funds by providing collateral in the form of crypto assets. The borrowing amount is determined by the collateral factor, which ensures that borrowers are limited to a certain percentage of their collateral's value, reducing the risk of defaults. As users repay their loans, they can redeem their locked collateral.

3. Interest Rates

The Compound Protocol uses an algorithmic interest rate model, where the rates for lending and borrowing are dynamically adjusted based on the current market’s supply and demand. If demand for borrowing a specific asset increases, the interest rate rises, which incentivizes more lenders to supply that asset. Conversely, when the supply exceeds demand, interest rates drop, making it more attractive for borrowers.

4. Governance via COMP Tokens

One of the most innovative features of Compound is its decentralized governance model. Holders of COMP tokens have voting rights and can propose changes to the protocol. These changes can include adding new assets, adjusting interest rate models, and more. This decentralized governance ensures that Compound evolves with the needs of its community.

Benefits of Using Compound Finance

The appeal of Compound Finance lies in its flexibility and its ability to serve both lenders and borrowers efficiently. Here are some of the key benefits of using the platform:

1. Passive Income Through Interest Accrual

One of the most attractive features of Compound Finance is that users can earn passive income on their crypto assets. By simply supplying assets to the protocol, they can earn interest over time without actively managing their investments. This is an excellent opportunity for long-term holders of cryptocurrency who want to grow their wealth passively.

2. Access to Liquidity Without Selling Assets

For crypto holders, selling assets to access liquidity can be a disadvantage, especially in volatile markets where the value of assets may rise significantly after the sale. Compound Finance solves this issue by allowing users to borrow funds against their crypto holdings without selling them. This means users retain ownership of their crypto and benefit from any potential appreciation.

3. Decentralized and Transparent Operations

All activities on Compound Finance are carried out by smart contracts, meaning they are secure, transparent, and do not require any intermediaries. The protocol’s open-source nature ensures that anyone can audit the code and verify its functionality. Additionally, since it’s decentralized, users maintain full control over their assets at all times.

4. Flexibility with No Lock-In Period

Lenders can withdraw their assets from Compound’s liquidity pools at any time, without any lock-up periods. This provides significant flexibility, allowing users to have immediate access to their funds when needed.

Risks of Using Compound Finance

While Compound Finance offers numerous benefits, it’s important to be aware of the potential risks involved:

1. Smart Contract Vulnerabilities

Although Compound Protocol has undergone rigorous audits and is one of the most trusted DeFi platforms, there’s always a risk of smart contract bugs or vulnerabilities. Since the protocol operates autonomously via smart contracts, any flaws in the code could be exploited, potentially leading to loss of funds.

2. Market Volatility and Liquidation Risk

Borrowers on Compound Finance are required to provide collateral, but if the market value of their collateral drops significantly, they risk liquidation. In such cases, the protocol will automatically sell their collateral to repay the borrowed amount. This risk is especially high in volatile markets, where price swings can lead to unexpected liquidations.

3. Regulatory Uncertainty

As decentralized finance continues to grow, regulators around the world are paying closer attention to the space. There’s still uncertainty about how DeFi platforms like Compound Finance will be regulated in the future, and new regulations could impact how these platforms operate.

Use Cases of Compound Protocol

The Compound Protocol is used in a variety of ways across the DeFi space, providing value for both individual users and developers. Some of the most common use cases include:

1. Passive Income for Crypto Holders

Long-term holders of cryptocurrency can earn passive income by depositing their assets into Compound’s liquidity pools. This allows them to grow their holdings over time without needing to sell their assets or actively trade.

2. Leveraged Trading

Traders can borrow assets from Compound to engage in leveraged trading. By borrowing more assets than they hold, traders can increase their exposure to specific cryptocurrencies and potentially amplify their returns. However, this comes with significant risks, especially in volatile markets.

3. Building Decentralized Applications (dApps)

Developers can build decentralized applications that integrate with Compound’s liquidity pools. This enables them to create new financial products and services, such as automated yield farming platforms or decentralized exchanges (DEXs) that leverage Compound’s liquidity.

4. Earning COMP Tokens

Users of the platform can earn COMP tokens, which grant governance rights within the Compound Protocol. COMP tokens can be traded on the open market or held long-term, as they provide holders with a say in the future direction of the platform.

Getting Started with Compound Finance

For users who are new to Compound Finance, getting started is simple:

1. Set Up a Wallet

To interact with the protocol, you’ll need a cryptocurrency wallet compatible with Ethereum, such as MetaMask or Trust Wallet. Make sure your wallet is funded with Ethereum (ETH) or another supported cryptocurrency.

2. Visit Compound Finance

Go to the official Compound Finance website and connect your wallet. Once connected, you can choose to supply assets to the protocol or borrow against your holdings.

3. Supply Assets

Select the assets you want to supply and deposit them into Compound’s liquidity pools. You’ll receive cTokens in return, which will automatically accrue interest as long as they remain in the protocol.

4. Borrow Assets

To borrow assets, you’ll need to ensure that you’ve supplied sufficient collateral. Once your collateral is in place, you can select the asset you want to borrow and confirm the transaction.

The Future of Compound Finance

As Compound Finance continues to expand and innovate, it remains at the forefront of the DeFi revolution. Its transparent, decentralized nature makes it a critical component of the broader movement to disrupt traditional financial systems. With new features, partnerships, and integrations on the horizon, Compound Protocol is set to play an even larger role in shaping the future of decentralized finance.

The platform’s governance structure, driven by COMP token holders, ensures that the community remains in control of its future. As DeFi continues to grow, Compound Finance will likely remain a leading force in empowering users to take control of their financial future without the need for intermediaries.

[forexdigitalinfo]

O Compound Finance é um protocolo de empréstimos descentralizados (DeFi) que permite aos usuários emprestar e tomar emprestado criptomoedas. Com o Compound, é possível ganhar juros sobre seus ativos digitais ou usar esses ativos como garantia para obter um empréstimo. Tudo isso é feito de forma segura e sem a necessidade de intermediários. Introdução ao Compound Finance O empréstimo e a tomada de empréstimo no DeFi nunca foram tão fáceis. O Compound Finance é um dos principais protocolos para empréstimos e empréstimos de criptomoedas no espaço DeFi. Em certa medida, o Compound é uma conta de poupança onde você pode ganhar juros sem precisar confiar em terceiros com seus fundos. A experiência do usuário é bastante simples e o protocolo foi testado por um bom tempo. Além disso, muitos "yield farmers" usam o Compound para tomar emprestado ativos e fornecê-los para outros protocolos DeFi. Mas como o Compound Finance funciona? Vamos descobrir. O que é o Compound Finance? O Compound Finance é um protocolo de empréstimos DeFi. Em termos mais técnicos, é um protocolo de mercado monetário algorítmico. Podemos pensar nele como um mercado aberto para dinheiro. Ele permite aos usuários depositar criptomoedas e ganhar juros, ou tomar emprestado outras criptoativos em troca. O protocolo utiliza contratos inteligentes que automatizam o armazenamento e a gestão do capital adicionado à plataforma. Qualquer usuário pode se conectar ao Compound e ganhar juros usando uma carteira Web 3.0, como o Metamask. É por isso que o Compound é um protocolo sem permissões, o que significa que qualquer pessoa com uma carteira de criptomoedas e uma conexão com a Internet pode interagir livremente com ele. Por que o Compound é útil? Bem, os fornecedores e tomadores de empréstimo não precisam negociar os termos como fariam em uma configuração mais tradicional. Ambos os lados interagem diretamente com o protocolo, que lida com a garantia e as taxas de juros. Não há terceiros que detenham fundos, pois os ativos são mantidos em contratos inteligentes chamados de pools de liquidez. As taxas de juros para fornecer e tomar emprestado no Compound são ajustadas de forma algorítmica. Isso significa que o protocolo Compound as ajusta automaticamente com base na oferta e demanda. Além disso, os detentores de tokens COMP também têm o poder de fazer ajustes nas taxas de juros. Como o Compound Finance funciona? As posições (ativos fornecidos) no Compound são rastreadas em tokens chamados cTokens, os tokens nativos do Compound. Os cTokens são tokens ERC-20 que representam uma parte de um pool de ativos no Compound. Por exemplo, se você depositar ETH no Compound, ele será convertido em cETH. Se você depositar a stablecoin DAI, ela será convertida em cDAI. Se você depositar várias moedas, cada uma delas ganhará juros com base em suas próprias taxas de juros. Em outras palavras, cDAI ganhará a taxa de juros cDAI, e cETH ganhará a taxa de juros cETH. Os cTokens podem ser resgatados pela porção do pool que eles representam, o que torna os ativos fornecidos disponíveis na carteira conectada. Conforme o mercado monetário ganha juros (o empréstimo aumenta), os cTokens ganham juros e se tornam conversíveis em mais do ativo subjacente. Basicamente, ganhar juros no Compound é simplesmente manter um token ERC-20. O processo começa quando os usuários conectam sua carteira Web 3.0 habilitada, como o Metamask. Em seguida, eles podem selecionar qualquer ativo que desejam interagir. Se um ativo estiver desbloqueado, os usuários podem tanto tomar emprestado quanto fornecer esse ativo. O fornecimento é bastante simples. Desbloqueie o ativo para o qual deseja fornecer liquidez e assine uma transação por meio de sua carteira para começar a fornecer capital. Os ativos são adicionados instantaneamente ao pool e começam a ganhar juros em tempo real. É nesse momento que os ativos são convertidos em cTokens. Tomar emprestado é um pouco mais complicado. Primeiro, os usuários depositam fundos (garantia) para cobrir seu empréstimo.

Em troca, eles ganham "Poder de Empréstimo", que é necessário para tomar emprestado no Compound. Cada ativo disponível para fornecimento adicionará uma quantidade diferente de Poder de Empréstimo. Os usuários podem então tomar emprestado de acordo com a quantidade de Poder de Empréstimo que possuem. Assim como muitos outros projetos DeFi, o Compound trabalha com o conceito de supergarantia. Isso significa que os tomadores de empréstimo devem fornecer um valor maior do que desejam tomar emprestado para evitar a liquidação. Vale ressaltar que cada ativo possui uma taxa de juros única para empréstimos e fornecimento. Como as taxas de empréstimo e fornecimento são ajustadas com base na oferta e demanda, cada ativo terá uma taxa de juros única para empréstimos e fornecimento. Como discutimos anteriormente, cada ativo ganhará taxas de juros diferentes. Quais ativos são suportados pelo Compound Finance? A partir de 01/09/2020, os ativos suportados para empréstimos e empréstimos no Compound incluem: ETH WBTC (Wrapped Bitcoin) USDC DAI USDT ZRX BAT REP Outros tokens provavelmente serão adicionados no futuro. Como funciona a governança do Compound? O Compound começou como uma empresa fundada por Robert Leshner e financiada por capitalistas de risco. No entanto, a governança do Compound Finance está gradualmente sendo descentralizada graças ao token COMP. O token dá aos detentores direitos de taxa e governança sobre o protocolo. Portanto, os detentores de tokens podem fazer alterações no protocolo por meio de propostas de melhoria e votação na cadeia. Cada token representa um voto, e os detentores podem votar em propostas com base em suas participações de tokens. No futuro, o protocolo pode ser totalmente governado pelos detentores de tokens COMP. Quais são os problemas mais comuns em que os detentores de COMP votam? Quais mercados de cToken listar. Taxas de juros e garantia necessária para cada ativo. Quais oráculos de blockchain usar. Vantagens e desvantagens do Compound Finance Para que os usuários usam o Compound? Bem, ganhar juros é um caso de uso simples, e a experiência do usuário do Compound é bastante amigável para iniciantes. Mas o Compound também pode ser uma boa maneira para traders mais avançados aumentarem a alavancagem em uma posição. Por exemplo, vamos supor que um trader esteja comprado em ETH, e ele forneça esse ETH para o protocolo Compound. Em seguida, ele toma emprestado USDT com o ETH fornecido e compra mais ETH com isso. Se o preço do ETH subir e os lucros obtidos forem maiores do que os juros pagos pelo empréstimo, ele terá um lucro. No entanto, isso também aumenta os riscos. Se o preço do ETH cair, ele ainda terá que pagar o valor emprestado com juros, e o ETH que ele usou como garantia pode ser liquidado. Quais são alguns dos outros riscos? O Compound foi auditado por empresas como Trail of Bits e OpenZeppelin. Embora essas sejam geralmente consideradas empresas de auditoria respeitáveis, bugs e vulnerabilidades podem trazer problemas inesperados, e isso faz parte de qualquer software. Você deve considerar cuidadosamente todos os riscos antes de enviar fundos para um contrato inteligente. Independentemente do tipo de produto financeiro, você nunca deve arriscar mais fundos do que pode perder. Considerações Finais O Compound é uma das soluções de empréstimo e empréstimo mais populares no DeFi. À medida que muitos outros produtos integram seus contratos inteligentes em suas aplicações, o Compound é uma peça fundamental do ecossistema DeFi. Uma vez que a governança esteja totalmente descentralizada, o Compound poderá fortalecer sua posição no DeFi como um dos principais protocolos de mercado monetário.

[empresa-journal]

Can Compound (COMP) make money from interest?

Can Compound (COMP) make money from interest?

Compound (COMP) is a defi protocol and cryptocurrency built to profit from interest rates. In fact, they call Compound “an algorithmic, autonomous interest rate protocol.” That means Compound contains algorithms that automatically collect and compound interest from cryptocurrencies and other digital assets. For example, Compound was earning 1.96% interest from $448.703 million in Tether…

[coincl]

Compound (COMP) là gì, điều gì làm cho Compound trở nên độc đáo?

Compound (COMP) là gì, điều gì làm cho Compound trở nên độc đáo?

Giống như hầu hết các giao thức DeFi khác, Compound là một hệ thống các hợp đồng thông minh có thể truy cập công khai được xây dựng trên Ethereum.  Compound tập trung vào việc cho phép người vay tiếp cận các khoản vay và người cho vay cung cấp các khoản vay bằng cách khóa tài sản tiền điện tử của họ vào giao thức. Lãi suất trả từ người vay và nhận lại của người cho vay được xác định bởi cung và…

[fintechturkiye]

Compound (COMP) Protokolü Nedir? Bu Protokol Ne İşe Yarar?

New Post has been published on https://weepay.co/blog/compound-comp-protokolu-nedir-bu-protokol-ne-ise-yarar/

Compound (COMP) Protokolü Nedir? Bu Protokol Ne İşe Yarar?

Merkeziyetsiz finans (DeFi) projeleri son dönemde yükselişe geçmiştir. Compound Protokolü ise merkeziyetsiz finans projelerinin önde gelen başlıklarından birisidir. Normal bankalarda paranızı vadeli mevduat hesabına yatırdığınız zaman vadeniz dolmadan o parayı harcayamazsınız. İşte DeFi camiası da bu probleme yoğunlaşmı�� durumda. Proje Ethereum blockchaini üzerinden akıllı kontratlarla çalışan bir sistem olup bu sorunu ortadan kaldırmaya uğraşıyor.

Compound Nedir?

Compound Protokolü, Ethereum tabanlı bir blockchain üzerinde çalışmakta ve akıllı sözleşmeler ile kripto kredi alımı ve kripto faiz hesabını düzenlemektedir. Banka ile yapılan faiz anlaşmalarını ortadan kaldıran bu sistemde faizler, arz ve talebe göre değişkenlik göstermektedir. Bir algoritma tarafından belirlenen faizler merkeziyetçiliği ortadan kaldırmaktadır. Ayrıca Compound sisteminde vade sonuna kadar elinizdeki parayla işlem yapabilirsiniz. Compound’un kendine özel tokenları olan cToken’lar sayesinde dönem sonuna kadar elinizdeki cToken kadar faiz ödemesi alırsınız.

Compound Protokolü Nasıl Çalışır? cToken nedir?

Elinizde olan kripto paraları vadeli hesapta faize yatırmak istiyorsanız ve aynı zamanda yeri geldiğinde özgürce harcamak istiyorsanız, paranızı bu protokol yardımıyla faize koyabilirsiniz. İşlem şöyle gerçekleşiyor:

Piyasadaki arz talep dengesine göre, yatırdığınız kripto paraya ait faiz yüzdesi belirlenir. Siz sisteme belirttiğiniz miktarda coininizi girdikten sonra yatırdığınız coin kadar cToken kazanırsınız. Bu cTokenleri vade süresince harcayıp dönüştürebilirsiniz. Vade sonunda elinizde bulunan cToken kadar faiz ödemesi alırsınız. Örneğin 1000 Ether(ETH) kilitlediyseniz hesabınıza 1000 cETH tanımlanıyor. Compound Protokolü yardımıyla kripto para ödünç alabilirsiniz. Ama bu işlemde teminat miktarınızın kredinize oranla belirli bir seviyede olması gerekmekte. Akıllı kontrat sistemi olduğu için bu şartları sağlamadan kredi çekemiyorsunuz. Geri ödeme zamanında ise ödemezseniz otomatik olarak teminatınızdan o para temin ediliyor.

Kredi alma ve Kredi yatırma işlemleri hangi sistem üzerinden yapılabilir? Hangi coinleri destekler?

Compound sistemine giriş yapabilmek için, Coinbase, MetaMask veya Ledger sitelerini kullanabilirsiniz. Web3 gibi bir Ethereum cüzdanına sahipseniz veya sitelere girip onaylama yaptırdıktan sonra alım satım işlemlerine başlayabilirsiniz. Aralık 2019 tarihi itibariyle Compound sisteminde BAT, DAI, ETH, REP, USDC, WBTC ve ZRX coinleriyle işlem yapabilirsiniz.

[grandmotherweb]

Posie the Pivoter is a menace to society.

https://m.facebook.com/comment/replies/?ctoken=10157531745491518_10157534067826518&ft_ent_identifier=10157531745491518&gfid=AQDVyCeN0BaH99Gu&notif_t=feedback_reaction_generic&notif_id=1560026501111107

https://www.facebook.com/198650096517/posts/10157900143486518/

[parolim-prlm]

Lendhub Exploiter Moves Proceeds to TornadoCash

Lendhub, a relatively small cross-chain crypto lending platform operating on HECO, was exploited to the tune of $6 million dollars earlier this January. Attack Possible Solely Due to Poor Coding The attack was carried out due to a poorly-executed removal of a deprecated IBSV cToken. Its replacement, which was already active, had an identical price point at the time, which allowed the unknown bad…

[eagletek]

Lendhub Exploiter Moves Proceeds to TornadoCash

Lendhub, a relatively small cross-chain crypto lending platform operating on HECO, was exploited to the tune of $6 million dollars earlier this January. Attack Possible Solely Due to Poor Coding The attack was carried out due to a poorly-executed removal of a deprecated IBSV cToken. Its replacement, which was already active, had an identical price point at the time, which allowed the unknown bad…

[bitcofun]

Let's take a more detailed take a look at today's altcoins revealing breakout signals. We'll discuss what the coin is, then dive into the trading charts and supply some analysis to assist you choose. 1. KuCoin Token (KCS) KCS is the native token of KuCoin, released in 2017 as a profit-sharing token that permits traders to draw worth from the exchange. It was released as an ERC-20 token operating on the Ethereum network and was supported by many Ethereum wallets. The overall supply of KCS was set at 200 million, and there is an organized buyback and burn till simply 100 million KCS stay. Eventually, as the KuCoin decentralised trading service goes live, KCS will be the native possession of KuCoin's decentralised monetary services along with the governance token of the KuCoin neighborhood in the future. KCS Price Analysis At the time of composing, KCS is ranked the 46 th cryptocurrency worldwide and the existing cost is US$1053 Let's have a look at the chart listed below for cost analysis: Source: TradingView KCS has actually been trading through an enormous variety throughout Q2, with the cost revealing moderate bullishness from recently. Bulls purchased near $9.50 The weekly level and everyday space near $1023 might trigger purchasers to action in once again as the rate challenges the swing high and resistance around $1350 A strong relocation and approval above this level might grab the swing highs at $1475 and $1566, which mark another location of resistance. However, rejection from the existing location might send out the cost to retest assistance near $1000 Reasonably equivalent lows around $9.78 supply an abundant target for a stop run. Continual bearishness might reach the low near $8.90 and potentially as low as $7.14 into higher-timeframe assistance. 2. Near Protocol (NEAR) NEAR Protocol is a decentralised application platform created to make apps functional on the internet. The network works on a Proof-of-Stake (PoS) agreement system called Nightshade, which intends to provide scalability and steady costs. NEAR usages human-readable account names, unlike the cryptographic wallet addresses typical to Ethereum. NEAR likewise presents special services to scaling issues and has its own agreement system, called "Doomslug". NEAR Price Analysis At the time of composing, NEAR is ranked the 25 th cryptocurrency worldwide and the present cost is US$ 3.36 Let's have a look at the chart listed below for rate analysis: Source: TradingView During Q2, NEAR has actually backtracked 70% from its highs to support at the retracement of around $3.10 The rate moved market structure to go to the debt consolidation lows near $3.40, simply under the month-to-month open. An ongoing bearish pattern in the market might develop assistance simply below, in between $3.00 and $2.70 On the other hand, if the present resistance breaks, the cost may discover resistance near $4.83 and $5.14, whereas mid-Q2 purchasers might still be caught in longs. 3. Substance (COMP) Compound COMP is a DeFi financing procedure that permits users to make interest on their cryptocurrencies by transferring them into among numerous swimming pools supported by the platform. When a user deposits tokens to a Compound swimming pool, they get cTokens in return. These cTokens represent the person's stake in the swimming pool and can be utilized to redeem the underlying cryptocurrency at first transferred into the swimming pool at any time. These COMP tokens can be purchased from third-party exchanges or can be made by connecting with the Compound procedure, such as by transferring possessions or securing a loan. COMP Price Analysis At the time of composing, COMP is ranked the 99 th cryptocurrency worldwide and the present cost is US$3929 Let's have a look at the chart listed below for rate analysis: Source: TradingView After rallying over 55% from its Q1 low, COMP is coming across resistance near $5743 This resistance and the month-to-month open at $4013 presently have actually the rate caught.

The swing high and resistance near $4927 offer a most likely target prior to any significant bearish market shift, with extension through this resistance perhaps grabbing brief stops and resistance near $6255 The day-to-day space at $3512 might supply assistance, while the location start near $3049 might see more significant interest from the bulls. A longer-term bearish shift in the market will likely reach the fairly equivalent lows near $2848, perhaps discovering a flooring at possible assistance start near $2471 Learn How to Trade Live! Join Dave and The Crypto Den Crew and they'll reveal you survive on a webinar how to take your crypto trading to the next level. Where to Buy or Trade Altcoins? These coins have high liquidity on Binance Exchange, so that might aid with trading on AUD/USDT/BTC sets. And if you're taking a look at purchasing and HODLing cryptos, then Swyftx Exchange is a user friendly popular option in Australia. Market Analysis Compound (COMP) Crypto News Kucoin NEAR Protocol (NEAR) Trading Disclaimer: The material and views revealed in the short articles are those of the initial authors own and are not always the views of Crypto News. We do actively inspect all our material for precision to assist secure our readers. This short article material and links to external third-parties is consisted of for details and home entertainment functions. It is not monetary suggestions. Please do your own research study prior to getting involved. Read More

[crypto1world]

Introducing Balincer

The First AMM-Based Decentralized Margin Trading Platform

Since exploding in 2020, Decentralized Finance (or DeFi) has been gaining great attention and popularity, which can often be seen in mainstream media’s headlines. With the exponential growth, DeFi has recorded a total value locked (TVL) of $163 Billion with lending and DEX products taking up almost 90%. (via DeFi Pulse)

Lending and trading are two of the pillar businesses in the current DeFi space with the most TVL. However, they are practically isolated from each other, leading to extremely low capital efficiency. Rare lending protocols support sport or even margin trading and most DEXes don’t provide loans. Also, even though users get transferable and tradable deposit certificates after depositing in lending protocols, there are few platforms to actually facilitate the financial use of them.

Therefore, Balincer is developed to bridge the gap between lending protocols and DEXes, increasing capital efficiency in DeFi.

Welcome to Balincer

Balincer is essentially an open-source margin trading platform where you can lend, borrow and perform leveraged trading to either buy long/sell short an asset in just one place.

For lenders/borrowers, you can lend your idle crypto assets (including your deposit certificates from other lending protocols) to earn interest or use them as collateral to take out loans.

And for traders, after making a margin deposit in the margin pool, you will be able to open either long or short positions in a supported asset in Balincer with up to 5X leverage. The platform makes use of external AMMs like Uniswap to provide surplus liquidity for margin traders to open positions of any size.

Using Balincer, you can comfortably leverage your available capital for larger gains.

Market Problems

As mentioned above, according to our observation, the problems in DeFi mainly lays in the following aspects:

Gaps between lending products and DEXes. The activities of borrowing and trading of assets often happen in two separate places. Users will have to go through a strenuous process of taking out loans from lending platforms first then to trade on their preferred exchanges.

Inefficient utilization of users deposited assets. Usually, users will get tokenized deposit certificates after making deposits in lending protocols, such as aTokens from AAVE and cTokens from Compound. These tokens represent the value of their underlying assets, but can rarely be reutilized for investment or trading.

Rare DeFi products provide margin trading. Margin trading can effectively amplify traders’ gains. It’s popular in the traditional finance market and also has a huge demand in the DeFi space. Though there are a few protocols that offer this service, their liquidity is not enough.

Balincer’s Solution and Features

Quick & Convenient Trading — Borrowing and trading are seamlessly integrated within Balincer. Traders can easily borrow and trade assets in just one place. Balincer also offers a visualized operation interface for position management.

High Capital Efficiency — Other than native tokens, lenders can deposit AAVE’s aTokens and Compound’s cTokens to earn extra interest in Balincer. This makes double interest possible, as lenders can first deposit their assets in AAVE/Compound, then use the aTokens/cTokens they receive to redeposit in Balincer. Moreover, these tokens can also be used as collateral to take out loans.

Margin Trading and Enormous Liquidity. Thanks to Balincer’s powerful margin pool, traders can easily open leveraged positions to either long or short an asset. In addition to WBTC and ETH, many DEFI and ERC20 assets like SNX, UNI and AAVE now can be shorted at Balincer. Furthermore, by relying on AMMs like Uniswap, Balincer can provide enough liquidity and reduce slippage for positions of any size.

Final Notes

The project is being managed by experienced experts in the field of Blockchain development. As the first AMM-Based decentralized margin trading platform, Balincer serves as a pioneer to other decentralized exchanges. Also, with the innovative features and benefits that come with using Balincer, it is sure to lead DeFi to the next level and enrich the ecosystem.

Balincer is going to launch on Ethereum mainnet soon with code is being audited by SlowMist. Join Balincer community for more updates:

Twitter:https://twitter.com/balincernetwork

Telegram: https://t.me/Balincer_Global

Medium:https://medium.com/@balincer247

[nftprofilepicture]

Plan A: design the pictures you provide into pixel art and generate 1000 profile pictures from pixel art. The cost is USD$100 Plan B: generate 1000 works of art from the pictures you provide. The cost is USD$50 Now leave a message ""nice"" and you can get a one-time service ""plan B"" quota of 10 people" Contact information: m.me/100079925349933 计划A：将你提供的图片设计成像素艺术及从像素艺术生成1000张个人资料图片。费用为100美元 计划B：从你提供的图片中生成1000件艺术品。费用是50美元 现在留言“nice”，您就可以获得一次性服务“B计划”配额10人 联系方法m.me/100079925349933 計劃 A：將您提供的圖片設計為像素藝術，並從像素藝術中生成 1000 張個人資料圖片。 費用為 100 美元 計劃 B：從您提供的圖像中生成 1000 幅藝術品。 費用為 50 美元 現在留言“nice”，您就可以獲得一次性服務“B計劃”配額10人 聯絡方式 m.me/100079925349933 tokensale #tokenblack #tokens #tokenasix #tokena #tokenafrican #atoken #atokenoflove #atokenofmyfriendship #atokenofappreciation #atokenof #tokenblackedit #tokenboard #btoken #btokenheart #btokenbank #btokenharth #tokenc #tokencomic #tokencycling #tokencryptocurrency #ctoken #ctokens #ctokendomadrid2018 #ctokendomadrid2019 #ctokendomadrid2021 #tokendavila #tokendefi #tokendrop #tokendude https://www.instagram.com/p/CbpxZHjP3Mq/?utm_medium=tumblr

[cryptosite]

Time To Launch Your De-fi Lending Protocol With Compound Clone Script

Decentralized finance is getting the most traction these days. It is found that there are over 300 million crypto users around the world. 86% of Americans know at least something about cryptocurrencies. The popularity of decentralized finance is growing drastically every day. And entrepreneurs are buzzing about de-fi protocols like Compound clone script

Are you an ambitious entrepreneur looking for an opportunity to get into the world of decentralized finance? Are you looking forward to giving an upgrade to your blockchain-based startup? Hit the industry with an Avant grade decentralized finance protocol with Compound clone script. Here are a few insights to start with.

Compound clone script- a short brief

Before diving deep it is important to understand the fundamentals of the compound clone script. It is a decentralized interest rate protocol that is developed and algorithmically operated to lend and borrow a wide variety of crypto assets. It is a protocol that allows the users to lend and borrow by keeping cryptocurrencies as collateral. The interest rate for this transaction is administered by real-time supply and demand.

There are 5 main functions of this compound clone script. They are

Supply- to offer adequate defi token to the liquidity pools

Withdraw- user’s ability to take the deposited tokens from the liquidity pool

Borrow- getting loans in a platform without any strict constraints

Repay- paying back loans with embedded interest

Liquidate - users can liquidate by selling the collateral

The dual token system with ctokens and COMP of the compound clone script is another advantage since other protocols only offer a single token.

Upshot

Interested and wanted to know more about the Compound clone script? Get in touch with experienced developers from the best-in-class development company in the field. They will clearly explain everything about the protocol development and offer them affordable to your startup. Make your move now before it’s too late.

[metaind]

The 4 Most Effective Crypto Lending Platforms

One of the advantages of cryptocurrency investing is the opportunity to use your crypto assets as collateral for a loan, even if your holdings are small. Securities-based lending is a comparable technique in traditional markets, although it is typically restricted to high-net-worth clientele of private banks and large financial institutions.

Crypto loans are far more accessible, and they provide a mechanism for "hodl" investors to get liquidity from their investment without having to sell it. We'll go over some of the greatest DeFi and CeFi crypto lending platforms in this article.

Top DeFi lending platforms

1.       Borrow from Oasis (MakerDAO):

Oasis Borrow is a crypto loan hub in the Maker ecosystem that supports the DAI stablecoin. Maker loans are appealing because they are essentially personal loans. Anyone with cryptocurrency and a MetaMask wallet can open a Maker Vault and start minting DAI. You put up an asset as collateral with Oasis Borrow and agree to either mint a certain amount of DAI or pay back your loan before unlocking your asset. So, essentially, you are borrowing the cryptocurrency that your collateral asset will generate.

Maker provides both a 50% and a 75% LTV rate for crypto loans, with the higher rate receiving higher stability fees (which are variable).

 2.       Compound Finance:

Another large DeFi platform is Compound. Its users contribute cryptocurrency to support the protocol while also earning interest on their deposits. The amount they've supplied is represented by cTokens, the value of which grows over time. This cToken supply balance, on the other hand, can be used as collateral for a loan.

LTV rates for Compound are typically slightly higher than those for MakerDAO. Compound, on the other hand, not only has no borrowing fees, but it also has a lower liquidation threshold and will only liquidate 50% of an under-collateralized loan, with an 8 percent liquidation penalty.

 3.       Aave:

Aave is a novel protocol that offers more loan options than other large protocols. Borrowers, like Compound, put up collateral to support the protocol; their contribution is represented in aTokens.

AAVE, on the other hand, offers flash loans, which it pioneered, and fixed interest rate loans in addition to regular DeFi loans. It has a higher LTV rate than other major competitors and extremely low borrowing rates. It also accepts 24 coins as collateral, as opposed to Maker's 18 and Compound's 9.

Because of its perceived dynamism and innovation, Aave is the most valuable DeFi lending project.

 4.       Alchemix:

Alchemix is a smaller DeFi loan platform that provides loans that "pay themselves back over time" using a novel but intriguing method. In a nutshell, users deposit DAI into a smart contract and receive a token representing the deposit's future yield farming potential in exchange. This token is known as alUSD, and it can be exchanged for DAI 1-1 on the Alchemix platform or traded on a DeFi exchange such as Sushiswap.

The smart contract then deposits the assets into a Yearn vault, which mints DAI. Alchemix users' alUSD debt decreases as the yield harvests, implying that the deposit's yield harvest eventually "pays back" the loan.

Credit : metaverse-india.com

[williamlee]

以太坊借贷平台LendFlare Alpha测试空投价值30,300,000美元的LFT代币及500个白名单

LendFlare是以太坊区块链上一个革命性如果你发现任何前端bug，请联系@Terry_LendFlare，LendFlare团队会仔细检查细节并奖励你额外的100美元。的借贷平台。LendFlare专注于使Curve LP代币和Compound Ctoken资产更有利可图，为投资者提供贷款和存款服务，使其初始利润翻倍。 LendFlare Alpha测试空投奖池价值30,300,000美元的LFT代币，将由2000名早期参与者（Alpha和Beta测试）分享。在Alpha测试中，将随机选择500名用户并将其加入白名单。 空投指南 访问LendFlare Airdrop Alpha Test…

[ludovic-delion]

Ludovic Delion analyse le compound : meilleur service de prêt de cryptomonnaies décentralisé

le protocole Compound (COMP) permet aux utilisateurs de fournir et d'emprunter des jetons Ethereum à des taux d'intérêt variables. Ceci est fait par le protocole à travers une série de marchés de taux d'intérêt décentralisés.

Robert Leshner et Geoffrey Hayes ont fondé la plateforme Compound en 2017. Auparavant, ils ont tous deux travaillé dans des rôles très en vue d'un service de livraison de nourriture en ligne nommé Postmates. Ils occupent tous deux des postes de direction dans la société de développement de logiciels à l'origine du protocole Compound, Compound Labs. Robert Leshner est l'actuel PDG de la société, tandis que Geoffrey Hayes en est le directeur technique. L'équipe de Compound est petite et la plupart d'entre eux sont des ingénieurs.

En septembre 2018, le mainnet de Compound a été lancé et depuis lors, cette plateforme a connu une ascension fulgurante. La valeur totale bloquée TVL de Compound est supérieure à 800 millions de dollars américains.

Pour vous aider à prendre une décision sur l'achat de pièces COMP, laissez-moi vous guider à travers différents aspects importants associés au projet Compound.

‍

Compound est un protocole de prêt financier décentralisé, qui aide les utilisateurs à gagner des intérêts sur les crypto-monnaies. Les utilisateurs peuvent gagner des intérêts en déposant leurs crypto-monnaies dans l'un des nombreux pools supportés par la plateforme Compound.

‍

Jeton Compound (COMP)

‍

COMP est un jeton Ethereum qui aide le protocole Compound dans la gouvernance de la communauté. Si vous êtes un détenteur de jeton de gouvernance COMP ou un délégué du réseau, vous pouvez débattre, proposer et voter les changements du protocole.

‍

Comment fonctionne le protocole Compound ?

‍

Un utilisateur peut déposer un large éventail de crytpcourrencies dans un pool Compound. En retour, l'utilisateur reçoit des cTokens, qui représentent la part de l'utilisateur dans le pool. Vous pouvez utiliser les cTokens pour racheter l'actif cryptographique sous-jacent, que vous avez initialement déposé dans le pool Compoud. Ce rachat des crypto-monnaies déposées peut être fait à tout moment.

Supposons que vous déposiez un jeton Ether ETH dans un pool Compoud. En retour, vous recevrez de l'Ethereum du pool. Pour le dépôt de l'Ethereum, vous gagnez un taux d'intérêt (APY). Supposons que vous déposiez la crypto-monnaie dans le pool pour une période de 60 jours. Si vous voulez racheter l'actif numérique sous-jacent ETH, vous pouvez le faire en leur fournissant les cTokens (cETH dans ce cas).

Au moment du rachat, vous recevrez le nombre d'ETH que vous avez déposé plus les ETH que vous avez gagnés en tant que taux d'intérêt. Le taux d'intérêt est fourni par le Compound pool en fonction de l'actif sous-jacent que vous avez déposé. Cela signifie que vous obtiendrez plus de l'actif sous-jacent que le montant que vous avez déposé initialement.

‍

Le Compound Pool fournit également des prêts garantis aux emprunteurs en déposant une garantie. Sur la base de l'actif donné en garantie, le ratio LTV (Loan-To-Value) varie. Toutefois, il varie actuellement entre 50 % et 75 %. Si la garantie d'un emprunteur tombe en dessous d'un seuil de maintien spécifique, il peut faire l'objet d'une liquidation automatique.

‍

Qu'est-ce que Compound (COMP) a de si spécial ?

‍

Alors que la plupart des crypto-monnaies, lorsqu'elles sont achetées par une personne, restent inactives sur les portefeuilles des échanges de crypto-monnaies. Elles ne servent à rien. C'est là que le prototype Compound profite aux hodlers de crypto-monnaies.

Le projet Compound offre une plateforme de prêt ouverte où les détenteurs de crypto-monnaies peuvent déposer leurs jetons Ethereum et en retour les hodlers peuvent soit gagner des intérêts sur leurs crypto-monnaies prêtées, soit contracter un prêt garanti. L'ensemble de ce processus se déroule dans un climat de confiance.

‍

La gouvernance communautaire de Compound le distingue des autres protocoles fournissant des services similaires. Le principal avantage de détenir le jeton COMP est que ses détenteurs peuvent proposer des changements au protocole Compound, en débattre avec les autres membres de la communauté et voter pour la mise en œuvre des changements. Voici quelques-uns des changements que vous pouvez suggérer et aider à mettre en œuvre : ajouter un support pour les pièces COMP, ajuster les facteurs de collatéralisation et modifier la distribution des pièces COMP

Vous pouvez acheter des pièces COMP sur des bourses de crypto-monnaies tierces. Il est également possible de gagner des pièces COMP en interagissant avec le protocole Compound, soit en déposant vos crypto-actifs, soit en contractant un prêt garanti en déposant des crypto-monnaies.

‍

Quels sont les avantages de Compound Crypto Coins (COMP) ?

‍

Gains

Le protocole Compound aide les utilisateurs à gagner des revenus passifs en prêtant les crypto-monnaies qu'ils ont achetées et en ne les gardant pas inactives sur les portefeuilles des bourses de crypto-monnaies. Avec l'aide de la plateforme Compound, les hodlers de crypto peuvent gagner des taux d'intérêt sans renoncer complètement à la propriété de leurs cryptos. C'est le principal avantage qui attire les utilisateurs.

‍

DeFi Bitcoin

Compound permet aux utilisateurs d'utiliser les devises Bitcoin (BTC) dans un environnement financier décentralisé en introduisant une représentation ERC-20 de Bitcoin verrouillé, Wrapped Bitcoin (WBTC).

‍

Entièrement autonome

Pour accomplir des tâches de manière autonome, Compound s'appuie sur des contrats intelligents vérifiés. Les fonctions vitales du réseau sont prises en charge par les contrats du réseau. Les tâches qui sont prises en charge de manière autonome comprennent le stockage, la gestion et la facilitation de tous les capitaux mis en commun.

Haute sécurité

La sécurité du réseau est assurée par Compound par différents moyens. Des agences réputées telles que Trail of Bits et Open Zeppelin ont audité la sécurité du réseau Compound. Elles ont certifié que le codage du réseau est sain et capable de gérer la demande du réseau en toute sécurité.

‍

Interopérabilité

En termes d'interopérabilité, Compound s'inscrit dans le consensus général de la finance décentralisée.

Les actifs et les plateformes de tiers peuvent être intégrés au réseau Compound.

‍

Pour simplifier l'interface utilisateur, la plateforme Compound prend en charge l'utilisation du protocole API.

Les utilisateurs de la plateforme Compound peuvent utiliser des outils de gestion de marché tiers de manière transparente.