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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)$89,934.001.23%
  • ethereumEthereum(ETH)$2,988.671.64%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$891.402.04%
  • rippleXRP(XRP)$1.941.94%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$129.962.08%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.3004651.69%
  • staked-etherLido Staked Ether(STETH)$2,988.491.71%
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  • bitcoinBitcoin(BTC)$89,934.001.23%
  • ethereumEthereum(ETH)$2,988.671.64%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$891.402.04%
  • rippleXRP(XRP)$1.941.94%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$129.962.08%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.3004651.69%
  • staked-etherLido Staked Ether(STETH)$2,988.491.71%