Compound (COMP) is a cryptocurrency that powers the Compound protocol, a decentralized lending platform built on Ethereum. Compound enables users to lend and borrow various cryptocurrencies, earning interest and governing the protocol through COMP tokens.$COMP
Key Features:
1. Decentralized Lending: Compound allows users to lend and borrow cryptocurrencies.
2. Interest Earning: Lenders earn interest on their deposited assets.
3. Governance: COMP token holders participate in decision-making and voting.
4. Collateralized Loans