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Compound has a liquidity mining program that rewards depositors and borrowers, but often at a rate of a single-digit APY. The botched payout sums indicate a flaw in the comptroller contract, which disburses the COMP liquidity mining rewards, possibly related to a recent upgrade. Original Source
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Top decentralized finance (DeFi) coins are sliding lower despite strength in the Ethereum price. Data from Uniswap indicates that against the U.S. dollar, coins such as UNI, Compound’s COMP, and Yearn.finance’s YFI, have slid lower by 1-5% in the past 24 hours. This slight move lower in the price action of these
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Investors look to be temporarily shifting focus away from bitcoin and toward crypto tokens associated with decentralized finance (DeFi).In the past 24 hours, DeFi-linked coins such as COMP, AAVE, KNC and ZRX have all leapt to fresh lifetime highs. Compound’s governance token COMP clocked a new record of $500, taking
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Over the past seven days, the crypto market saw an uptick in volatility as Bitcoin (BTC) and Dogecoin (DOGE) price rallied higher simply because of social media activity. In situations like these, traders who make their investment decisions based on emotions tend to incur heavy losses and this is exactly
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On Jan. 30 Uniswap (UNI) and Compound (COMP) both rallied to new all-time highs as the entire DeFi sector continued to heat up. UNI soared to a new all-time high at $19.93 and COMP price did the same as it briefly traded at $340. COMP/USDT 4-hour chart. Source: TradingViewIn the past
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Compound Finance’s native token COMP was among the biggest gainers in the decentralized finance space on Wednesday. The fourth-largest
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The curtain has fallen on DeFi Summer – not that the sector is done, but the wild buzz seems to be.The changing of the seasons is marked by Compound’s governance token, COMP, falling below $100 early Tuesday. COMP kicked off the yield farming craze way back in June as a
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Innovation springs eternal in the digital asset ecosystem, and with Compound’s launch of its governance token, COMP, last month, the burgeoning world of decentralized finance continues to pick up steam. The broader cryptocurrency community has embraced COMP, which now trades on OKEx, Binance and Coinbase Pro, among other digital asset
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Decentralized finance (DeFi) applications on the Ethereum blockchain surged in the second quarter of 2020 as the daily transaction volume reached an all-time high in June.The 2020 Q2 Dapp Market Report published by analytics website Dapp.com showed that the number of active DApp users on Ethereum (ETH) increased by 97%
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The popular crypto trading platform OKEx has recently announced the listing of COMP Governance token. The native token of Ethereum based Compound algorithmic autonomous interest rate protocol is available for spot trading against USDT and BTC since June 29, 2020.Apart from Spot trading, OKEX has also launched Margin Trading and
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