Compound, the company, is an “open-source, autonomous Blockchain protocol built for developers, to unlock a universe of new financial applications. Interest and borrowing, for the open financial system.”
Compound, the product, is a “Web3” application built on the company’s protocol. Where holders of cryptocurrencies can lend and borrow their assets.
Why? The majority of cryptocurrencies sit idle on exchanges and in digital wallets, without yielding any interest. With the Compound app, you can lend your assets and passively earn interest. This interest is generated by borrowers, who use these assets (mostly in external trading strategies) before later repaying them, with interest.
It's money markets for crypto.
- Project Roles
- Product Designer
- Compound Finance
- Design, Design Strategy, Human-Centered Design, Low / High Fidelity Prototyping
- Web Apps
- Project Industries
- Finance, Technology