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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Compound Treasury Explained

BY: @parttimeeconon | CREATED: Feb. 19, 2023, 5:01 p.m. | VOTES: 4 | PAYOUT: $0.10 | [ VOTE ]

https://www.youtube.com/watch?v=qPmf1rSjNsA

Compound Finance is arguably one of the better-known decentralized finance protocols, and it was one of the first DeFi protocols that I used when I started to learn about lending crypto. But, did you know that Compound Finance also offers its “Compound Treasury” program that allows institutions to deposit USD, leverage the underlying Compound protocol, and earn up to a 4% APR? The Compound Treasury is interesting not just because it represents a fusion of DeFi and traditional finance but also because its stated 4% interest rate is more than double the rate of lending USDC directly through the Compound Protocol. We’re talking all about it in today's video.

TAGS: [ #leofinance ] [ #defi ] [ #crypto ]

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