compound
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Chainlink: The Oracle Powering DeFi
#Chainlink is the leading decentralized oracle network, providing secure and reliable data to smart contracts. It is used by some of the biggest names in crypto, including , #AAVE and #compound
#LINK #DeFi
#Chainlink is the leading decentralized oracle network, providing secure and reliable data to smart contracts. It is used by some of the biggest names in crypto, including , #AAVE and #compound
#LINK #DeFi
Let this idea sink: $COMP 2024 vs $ETH 2020 (blue).
See by yourself how SIMILAR the price action is between #compound and what #ethereum did in it's early days.
After leaving the accumulation phase back in the days, $ETH made a 2000% run towards the cycle top.
History doesn't repeat, but it often rhymes.
#crypto
See by yourself how SIMILAR the price action is between #compound and what #ethereum did in it's early days.
After leaving the accumulation phase back in the days, $ETH made a 2000% run towards the cycle top.
History doesn't repeat, but it often rhymes.
#crypto
LIVESpaggiariXBT
--
Bullish
GM #crypto LEGENDS ☕
Later this day I'll be releasing a crazy FRACTAL chart on $COMP that will clarify why I'm so BULLISH on #Compound .
$BTC been consolidating inside my point of interest area, and most of #altcoins are looking like they bottoming out pretty soon.
If you have any chart request, hit me up in the comment section 👇🏻
#BTC☀ #BullRunAhead
Later this day I'll be releasing a crazy FRACTAL chart on $COMP that will clarify why I'm so BULLISH on #Compound .
$BTC been consolidating inside my point of interest area, and most of #altcoins are looking like they bottoming out pretty soon.
If you have any chart request, hit me up in the comment section 👇🏻
#BTC☀ #BullRunAhead
COMPOUND DRAMA ENDS WITH A POSITIVE OUTCOME FOR THE PROTOCOL
After the recent attack on compound #governance the attacker known as Humpy, a DeFi whale has came to agreement with the #compound $COMP to cancel the approved proposal on the condition that the protocol starts sharing 30% of it's profit to the $COMP stakers, a recent post on the compound community forum from one of it's team members stated the following:
At the request of Humpy following discussions with Alpha Growth and other Compound delegates, we propose the following staking product that addresses the stated interests of Humpy as a new, recent delegate and COMP holder in return for canceling Proposal 289 due to the governance risks it poses to the protocol.
Staked Compound Product
Fees are accrued from the dynamics of providing liquidity and borrowing, with most going to liquidity suppliers and the remainder generating reserves for Compound which is deposited into market reserves. We propose that 30% of the current market reserves and Net New market reserves generated per year will be streamed to staked COMP holders in proportion to the number of staked COMP they hold.
These Staking Rewards will be distributed with the same cadence as the COMP token rewards that currently boost markets on Compound per Gauntlet’s incentive recommendations.
The protocol token $COMP reacted very positively to the news jumping 6%
It's never a single boring day in crypto xD
If you enjoyed reading my content please don't forget to like & follow!
#DeFi #MoneyMarket #DAO
After the recent attack on compound #governance the attacker known as Humpy, a DeFi whale has came to agreement with the #compound $COMP to cancel the approved proposal on the condition that the protocol starts sharing 30% of it's profit to the $COMP stakers, a recent post on the compound community forum from one of it's team members stated the following:
At the request of Humpy following discussions with Alpha Growth and other Compound delegates, we propose the following staking product that addresses the stated interests of Humpy as a new, recent delegate and COMP holder in return for canceling Proposal 289 due to the governance risks it poses to the protocol.
Staked Compound Product
Fees are accrued from the dynamics of providing liquidity and borrowing, with most going to liquidity suppliers and the remainder generating reserves for Compound which is deposited into market reserves. We propose that 30% of the current market reserves and Net New market reserves generated per year will be streamed to staked COMP holders in proportion to the number of staked COMP they hold.
These Staking Rewards will be distributed with the same cadence as the COMP token rewards that currently boost markets on Compound per Gauntlet’s incentive recommendations.
The protocol token $COMP reacted very positively to the news jumping 6%
It's never a single boring day in crypto xD
If you enjoyed reading my content please don't forget to like & follow!
#DeFi #MoneyMarket #DAO
🔥New signal🔥
Coin name
#comp
Signal type
Short ( bearish)
I can see huge sell pressure in comp coin and comp has broken down support line it was a strong support line but now became huge resistance line so if you wanted to take or open a short position you can open. I will help you when to open short position.
TP AND ENTRY PRICE ARE
Entry price- 67
1st tp - 63
2nd tp - 60
3rd tp- 58
4th tp - 56
SL WILL BE - 72
Note - Use Only 5x leverage if you use more than 5x leverage it's high risky because COMP is highly volatile coin so you will get rekt.
If you want to get more signal like this follow me on binance feed
Before taking any trade always do your own analysis.
#compound
Coin name
#comp
Signal type
Short ( bearish)
I can see huge sell pressure in comp coin and comp has broken down support line it was a strong support line but now became huge resistance line so if you wanted to take or open a short position you can open. I will help you when to open short position.
TP AND ENTRY PRICE ARE
Entry price- 67
1st tp - 63
2nd tp - 60
3rd tp- 58
4th tp - 56
SL WILL BE - 72
Note - Use Only 5x leverage if you use more than 5x leverage it's high risky because COMP is highly volatile coin so you will get rekt.
If you want to get more signal like this follow me on binance feed
Before taking any trade always do your own analysis.
#compound
