#Comp
Compound (COMP) Overview
Compound is a decentralized lending and borrowing platform built on Ethereum. Users can earn interest by lending crypto or borrow assets by locking collateral – all without intermediaries.
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🔍 Key Features
Lending/Borrowing Protocol: One of the first DeFi platforms to automate interest rates.
COMP Token Use: Holders can vote on protocol upgrades and decisions (governance token).
Built on Ethereum: Integrates with other DeFi apps like MetaMask, Aave, and more.