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Compound Reward ‘Farming’ Results in Six-Fold Increase of Lending Activity

June 22, 2020 by DIGIT
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Compound’s controversial COMP reward scheme triggered a gold rush of yield arbitrage, sending its assets under management and price to new heights.

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Categories business, Coinbase, defi
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  • bitcoinBitcoin(BTC)$94,118.00-2.54%
  • ethereumEthereum(ETH)$3,235.70-1.96%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.17-1.78%
  • binancecoinBNB(BNB)$639.32-2.45%
  • solanaSolana(SOL)$177.90-0.91%
  • dogecoinDogecoin(DOGE)$0.309423-2.38%
  • usd-coinUSDC(USDC)$1.00-0.15%
  • staked-etherLido Staked Ether(STETH)$3,234.53-1.88%
  • cardanoCardano(ADA)$0.87-2.17%