Hinne Compound - COMP/BTC
The Compound Governance Token (COMP) is a management token in Compound Finance's loan protocol based on smart contracts on the Ethereum network and allows you to borrow cryptocurrencies with the prior deposit of cryptocurrency assets as financial collateral. The protocol is decentralized, which means that it automatically sets interest rates for individual assets based on the law of supply and demand.
In addition, the token allows the owner to delegate voting rights to an address, wallet, other user, application or DeFi expert of his choice. Anyone who has min. 1% of the COMP token posted to his address can propose management activities. These are simple or complex sets of actions, such as adding support for a new asset, changing the asset protection factor, changing the market interest rate model, or changing any other parameter or protocol variable that the current administrator can modify.
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Several crypto transfers will be unavailable on 21 January 2023, from 14pm-17pm (UTC)
We are launching Flare (FLR) Airdrop and FLR/PLN market on 19.01.2023 at 2pm (GMT+1)
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Scheduled Maintenance on January 19
Introducing our New Year’s BTC and ETH trading competition
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Limited deposits and withdrawals on 06.01.2023
Due to public holiday, deposits and withdrawals via some channels will be unavailable tomorrow, 06.01.2023
We will be delisting several markets on 11.01.2023
Due to minimal volume and limited use, we will be delisting the following markets
PLN withdrawals on NYE
Several payment methods unavailable on December 26th
Scheduled Maintenance on December 20
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