Compound is a system of smart contracts (aka DApps) on the Ethereum blockchain.The Compound DApp allows you to earn interest by supplying assets to a shared liquidity pool from anywhere in the world. The network’s contracts take care of all vital functions on the network. Timer. First Deposit Bonus. Tasks such as storage, management, and the facilitation of all pooled capital are handled by these protocols. Compound is built on Ethereum blockchain and uses its smart contracts technology. Linking to Compound Smart Contract. - compound-developers/api-guide-example Deposit. What i'm trying to do is to call the link the compound smart contract with mine. INVEST. 0 BNB. 50% C / 25% W. Daily ROI. First of all, there is no ID verification. Compound: A platform that uses smart contracts to let investors earn interest and borrowers to instantly get a loan without the need for a bank in the middle. The Compound Protocol is a group of smart contracts deployed on the Ethereum blockchain that enable borrowing from pools of supplied assets instead of a centralized exchange or peer-to-peer platform. When we first build Compound, this number was a fantasy; Defi was not a term; and the idea of a smart contract autonomously managing assets was almost absurd. Compound enables users to lend and borrow popular cryptocurrencies like Ether in exchange for interest or debt. Smart Contract . Secure. To deposit, withdraw or compound you have to wait 24 hours. Compound is one of the leading DeFi applications on Ethereum. Viewed 325 times 0. Timer starts since your last operation. USDC: A cryptocurrency that is pegged via smart contract to the US dollar, making one USDC worth one U.S. dollar. Compound leverages audited smart contracts which are responsible for the storage, management and facilitation of all funds. Compound leverages audited smart contracts to accomplish these tasks in an autonomous manner. If you re-deposit your balance will be compounded automatically. Leshner recently stated, today, there is $10 Billion supplied to the Compound protocol, earning interest. Active Investment. At a high level, Compound Finance is a permissionless lending system built on Ethereum. Ask Question Asked 1 year, 5 months ago. The crypto you send is added into a giant pool of that same token in a smart contract in the Compound protocol, sent by thousands of other people all over the world. We explain how Compound operates and governs and how to go about obtaining your first yield from it. 0. Balance. 2.4%. Example Ethereum smart contract API made with Express.js and Infura. Compound maintains network security through various means. And, the Compound Protocol looks something like that. 0 BNB. Active 13 days ago. However, the mechanics of how Compound works differs. Vulnerabilities in contracts built on top of the Protocol by third-party developers (such as smart contract wallets) are not in-scope, nor are vulnerabilities that require ownership of an admin key. Compound: A platform that uses smart contracts to let investors earn interest and borrowers to instantly get a loan without the need for a bank in the middle. The Compound network can be seen as an alternative to traditional financial instruments platforms. Compound Features and Use Cases . The interest you earn is denominated in the same token that you lent – meaning, if you sent BAT you earn interest in BAT, if you sent DAI you earn DAI etc. I'm still new with the solidity and it seems to be a very basics question. COMPOUND WITHDRAW. USDC: A cryptocurrency that is pegged via smart contract to the US dollar, making one USDC worth one U.S. dollar. To go about obtaining your first yield from it the mechanics of how compound works differs, there $! 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