Compound (COMP) | ForkLog

ForkLog 18 29.03.2022

Compound community halves farming rewards

The Compound lending protocol community voted to halve the COMP rewards paid to users for activity on the platform.

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ForkLog 11 06.02.2022

Justin Sun accused of manipulating governance in the Compound protocol

Tron founder Justin Sun has been accused of a ‘governance attack’ on the lending protocol Compound. GFX Labs analysts claim he tried to use a COMP loan to push a proposal to integrate the stablecoin TUSD as collateral.

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ForkLog 17 16.11.2021

Study finds governance DeFi tokens rarely used as intended

Economist Alex Kruger concluded that liquidity mining tokens issued under such programs are often used inefficiently.

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ForkLog 19 21.10.2021

Messari: Compound lending volume up 57%

Against a backdrop of rising liquidity in the Compound lending protocol, the volume of loans issued in Q3 2021 rose by 57%, while users’ interest income fell by 19%, according to Messari analysts.

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ForkLog 10 08.10.2021

Compound to fix governance token distribution error

Community members unanimously approved activating RFP-064 to fix a governance-token distribution error that arose during the previous update to the lending protocol.

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ForkLog 11 03.10.2021

Compound protocol again loses tens of millions of dollars due to bug in the Comptroller smart contract

Compound could lose more than $160 million due to a bug in the Comptroller smart contract, which has already cost the lending protocol $82 million.

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ForkLog 7 01.10.2021

Jake Chervinsky Announces Departure from Compound Labs

On October 1, Jake Chervinsky announced that he had left the post of chief legal officer at Compound Labs. He had held the post for two and a half years.

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ForkLog 15 30.09.2021

Compound suffers multimillion-dollar losses due to protocol update bug

The developers of the lending protocol Compound reported a bug in the distribution of governance tokens COMP that arose after the activation of RFP-062. According to founder Robert Leshner, in the worst case the damage could exceed $82 million.

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ForkLog 32 01.07.2021

What is Compound (COMP)?

Compound Finance is a decentralised lending protocol where interest rates are set algorithmically by supply and demand.

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ForkLog 12 29.06.2021

Compound Labs opens DeFi access for institutions

Compound Labs, the team behind the eponymous lending project, has launched its subsidiary Compound Treasury. It provides neobanks and other financial institutions access to the DeFi ecosystem.

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ForkLog 43 03.01.2021

The DeFi Chronicles of 2020: rapid growth, challenges, and institutional headwinds

For the crypto industry, 2020 was marked by rapid growth in the decentralized finance (DeFi) sector. The number of users, the number of projects, and the total value locked in smart contracts rose by orders of magnitude.

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ForkLog 13 18.12.2020

DeFi project Compound to launch cross-chain protocol

The lending DeFi project Compound unveiled a whitepaper detailing Compound Chain — a new protocol designed to enable interaction of assets across different blockchains.

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