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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)$89,933.000.83%
  • ethereumEthereum(ETH)$2,996.921.10%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$893.312.33%
  • rippleXRP(XRP)$1.952.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$130.012.00%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.2991580.93%
  • staked-etherLido Staked Ether(STETH)$2,994.981.09%
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  • bitcoinBitcoin(BTC)$89,933.000.83%
  • ethereumEthereum(ETH)$2,996.921.10%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$893.312.33%
  • rippleXRP(XRP)$1.952.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$130.012.00%
  • JUSDJUSD(JUSD)$1.000.02%
  • tronTRON(TRX)$0.2991580.93%
  • staked-etherLido Staked Ether(STETH)$2,994.981.09%