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Decentralized Finance Investment and Yield Farming Explained (eBook, ePUB)

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COMP is really the token of native governance backed by Compound Finance, the pioneering lending protocol. COMP is often used to vote on protocol enhancements, namely protocol fees, collateral support, and shifts in interest rates. COMP has launched the yield farming trend as a new method to lock assets into the decentralized finance (DeFi) platform and the first token to briefly surpass MakerDAO being the market leader. In technical and other processes, COMP has turned out to be a little bit of a surprise to the DeFi community. Its emergence has sparked a surge of new thought. Other projects ...

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