Kin
a project providing a way for developers to monetize their apps and websites in a fundamentally new way.
Active project
Compound
an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
- Finance & Insurance
- Since 2017
Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty.
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