Hello, after the initialcrazy hype around this protocol and its token, it has somehow been forgotten and the attention of traders shifted to the new, yet smaller, projects that came out ridng the DeFi fever.
However, it is still one of the best project of its kind out there, after Aave and Maker.
It allow users to earn interest or borrow assets against collateral. Anyone can supply assets to Compound’s liquidity pool and immediately begin earning continuously-compounding interest. They also get rewarded with comp tokens as they use the platform.
The price broke the downward trendline two days ago. The target is the previous high that also corresponds to the fibonacci extension of the last movement, for a potential 60%+ gain versus BTC!
However, it is still one of the best project of its kind out there, after Aave and Maker.
It allow users to earn interest or borrow assets against collateral. Anyone can supply assets to Compound’s liquidity pool and immediately begin earning continuously-compounding interest. They also get rewarded with comp tokens as they use the platform.
The price broke the downward trendline two days ago. The target is the previous high that also corresponds to the fibonacci extension of the last movement, for a potential 60%+ gain versus BTC!
Are you a good trader but you lack the capital?
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Are you a good trader but you lack the capital?
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.