$COMP :
1.🚀#COMP as a DeFi lending protocol primarily has two main functions: deposit interest and collateralized loans. Deposit users will store cryptocurrencies into a liquidity pool and receive cTokens representing their share. When the cToken exchange rate rises, they can redeem more underlying assets to earn interest income.
2.💥Borrowers on the COMP platform can deposit collateral to obtain secured loans, with the maximum loan-to-value ratio fluctuating between 50% - 75%. The borrowing interest rate varies depending on the asset, and if the collateral value falls below the maintenance threshold, it will face automatic liquidation.
3.🌹Since the mainnet launch in September 2018, COMP has gained significant attention, with the total locked value now exceeding $10 billion, becoming an important force in the DeFi space.
#COMP individuals will continue to pay attention and look for suitable entry points for ambush, and Ayi will timely notify everyone. Brothers can follow Ayi, who shares daily spot and contract insights 🌹🌹🌹
