Investment Firm Launches ETF-Like Product for Compound Yield Farmers
The investment portfolio gives users exposure to Compound interest rates and, of course, yield farming.
Compound
Hacker Steals Balancer’s COMP Allowance in Second Attack Within 24 Hours
Balancer hacked twice within 24 hours, though this time the sum is relatively small.
DeFi Platform Opyn Launches Put Options on Compound Token
Decentralized options marketplace Opyn has launched put options on COMP that will provide a safety net of sorts should COMP’s fortunes take a turn for the worse.
Coinbase Lists Compound’s COMP Token for Retail Crypto Traders
The Compound token almost fell back below $200 earlier this week, before Coinbase rode to the rescue. It listed the token for retail users, and gave COMP a nice price bump.
This Startup Is Forking Compound to Make Hiring More Efficient
Braintrust launched out of stealth mode Wednesday, backed by a $6 million seed round featuring True Ventures, Homebrew Ventures, Uprising Ventures, Galaxy Digital, IDEO CoLab, Kindred Ventures and Vy Capital.
Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens
Balancer Labs, the maker of an automated portfolio management tool, has confirmed with CoinDesk that it has begun distribution of its BAL token.
Compound Tops MakerDAO, Now Has the Most Value Staked in DeFi
Compound has overthrown MakerDAO as the decentralized finance protocol with the most value staked, locking $484 million to Maker’s $481 million on Saturday.
Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen
Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.
DeFi Startups Built on Compound Weigh What to Do With $200 COMP Tokens
Startups built on Compound’s decentralized lending protocol are now pondering the second-order effects of COMP’s price surge.
Tether’s Supply on Compound Jumps to Over $224M in a Week
Tether’s volume on decentralized lender Compound has quadrupled to over $224 million in just a few days, and is by far the dominant stablecoin on the platform.
