Compound Finance is an easy to use, well tested DeFi protocol that lets you earn interest on your crypto, take cryptocurrency loans, and earn the COMP token. #DeFi #compound #ethereum #COMP #finance

Timestamps
(01:28) Overview
(03:50) Deposit and Earn Interest
(05:12) Borrow and Repay Loans
(07:40) Understanding the COMP token
(08:30) Estimated ROI
(09:53) Additional Details

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References
https://compound.finance/

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20 replies
  1. Steve Bolognone
    Steve Bolognone says:

    Very informative, thank you. question: can you explain the process and benefits of borrowing against your Bitcoin (or any other) as opposed to selling it as a way to live off of it for a time? (Saylor made an off-hand remark of 'don't sell Bitcoin, borrow against it to live off it.' Not verbatim, but that was his point, which was not explained).

    Reply
  2. Yellis D'haene
    Yellis D'haene says:

    Very sad how the quality of Altcoin Buzz has degraded so so badly. They make a video about Compound and can't even spell the name correctly :') Not in the title or in the thumbnail either :')

    Reply

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