Going by the numbers: Has Compound been able to live up to expectations
The DeFi space has seen its own share of ups and downs over the last few months. May’s crash was brutal for tokens from this space too, but they somehow managed to sail through and recover in time.
COMP has, however, been one token that has desperately been trying to inch back to its previous highs. It has, unfortunately, not been able to do so and a couple of fundamental factors have been stalling its recovery.
Thus, having a look at the same would give us a better understanding of where Compound stands at the moment.
Compound is a DeFi lending protocol that allows users to fetch interest on their cryptos by depositing them into one of its pools. Basically, whenever users deposit tokens to a Compound pool, they receive cETH in return and with
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