Compound is a DeFi lending protocol that allows users to earn % on their cryptocurrencies by depositing them into one of the platform's multiple pools. When a user contributes tokens to the Compound pool, they receive cTokens in return. These cTokens represent an individual stake in the pool and can be used to redeem the underlying cryptocurrency originally contributed to the pool at any time.

For example, if you invest ETH in a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens for the underlying asset increases, meaning that you can exchange them for more of the underlying asset than you originally invested - this is how the interest is distributed. Borrowers can also take out a secured loan from any Compound pool by posting collateral.

🧱 Fundamentally:

▪️The token is made on the ETH blockchain.

▪️Currently in 126th place in the global capitalization of coinmarketcap.

▪️The coin issue is limited: 10 million coins.

▪️The coin issue is already 80% in circulation.

▪️The token has listings on all major exchanges.

🛠️ During the bear market period of 22-23. the coin was reduced by -97% from the historical maximum. Starting from June 2023 A huge volume began to enter COMP (on the lay itself) - a very good signal. According to technical analysis on the daily time frame, the coin is just entering the overbought zone (70). On the weekly frame - neutral (57).

💼 Buy COMP for your average overnight portfolio.

🔎 Ticker: $COMP/USDT

✳️ Entrance fee: $60

🛡 Stop loss: it is better to take a deal without a stop in investment

💼 Volume per transaction: up to 1-2% of the crypto portfolio.

🎯 Goals: $94 (speculative), $249 (by the end of 2024), $927 (by the end of 2025).

📈 Transaction growth potential: up to 1400%

A medium-term portfolio will outperform any trading strategy in terms of profitability, so I carefully assemble my portfolio. In it I bet on crypto, raw materials and metals.

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