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Bitcoinist 2020-06-22 02:04:06

What’s Behind High Ethereum DeFi Yields? A Top Investor Explains

Ethereum-based decentralized finance has seen quite the frenzy over the past few weeks. After taking a large hit due to March’s liquidation event, this segment of the cryptocurrency market has been back on the rise. The growth culminated this week in the public launch of the COMP token, the governance token of Ethereum-based protocol Compound. Compound is a money-market protocol that allows users to borrow and lend cryptocurrencies such as Ethereum and Tether’s USDT. The […]

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