Compound's new proposal plans to renew its cooperation agreement with Gauntlet
远山洞见2024/12/04 03:22
Compound is a decentralized lending platform that allows users to borrow from asset pools without permission, with interest rates determined by algorithms based on the proportion of assets lent. In the summer of 2020, Compound's liquidity mining campaign stimulated the explosion of the DeFi market.
Previously, it was reported that Compound has created a new proposal 323, which proposes to renew the 12-month cooperation with Gauntlet in risk management, revenue optimization, and incentive optimization. The vote is expected to begin in two days. Risk management is used to improve capital efficiency, reduce bankruptcy and liquidation risks, and achieve long-term sustainable growth. Incentive optimization aims to guide liquidity, promote growth, and promote decentralized governance.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Analysis: The MVRV index indicates that BTC may strongly recover in the next few weeks
Bitget•2024/12/23 07:02
Hyperliquid transaction breaks new high, Token Ticker auction competition is fierce
西格玛学长•2024/12/23 06:47
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$94,972.68
-1.53%
Ethereum
ETH
$3,280.53
-1.65%
Tether USDt
USDT
$0.9992
-0.04%
XRP
XRP
$2.17
-2.97%
BNB
BNB
$659.32
-0.09%
Solana
SOL
$180.52
-1.38%
Dogecoin
DOGE
$0.3104
-1.26%
USDC
USDC
$1.0000
-0.01%
Cardano
ADA
$0.8788
-1.45%
TRON
TRX
$0.2453
+0.01%
Bitget pre-market
Buy or sell coins before they are listed, including ME, TOMA, OGC, USUAL, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now