Community Trust ScoreLikely Real
Compound Labs expressed: There are dozens of community-built interfaces to the Compound protocol, from Ledger, argentHQ and Instadapp. Today, Compound Labs is open-sourcing, and handing over control of the original interface app.compound.finance to the community.
The source code has been published to a new repository under the GPLv3 license; community members can improve, modify, and fork the front-end. We’ll assist the community with maintaining this repo, as new assets and features are added.
Argent is the only Ethereum wallet with multisig security and one tap DeFi. And Layer 2 is coming. Several users have joined the waitlist for early access. Provides low gas (upto 1/100 of L1 Gas) and instant DeFi. Buy crypto globally with card or bank transfer. 2000 transactions per second. Visa-scale; Feels instant. Built on zkSync, giving you the security of Ethereum. Self-custody without painful seed phrases. You’re in full control withdraw to Layer 1 at any time. Store and send NFTs.
InstaDapp provides powerful DeFi management. It is the world’s most advanced platform to start leveraging the full potential of Decentralized Finance. DeFi relies heavily on a decentralized infrastructure for its operations. Thus, DeFi provides some promising growth of decentralized asset management in the long run. DeFi brought many other new attributes such as protocols, derivatives, composability, decentralized exchanges, and security tokens. All these factors have present prolific indications when combined to create innovative solutions for investors.
InstaDapp is designed for developers to build extensible use-cases and models with maximum security. They ensure that the system is 100% trustless and only you have access to your funds. The smart contract account is owned by the users to manage and optimize funds across any number of protocols
Ledger is the gateway to buying and managing crypto safely. New coins. News layers. New possibilities. New hopes. New downs. Every day, crypto space is getting wider. Ledger Nano X and Ledger Nano S are worthy products. Ledger Academy educates you on why use Ledger.
Those who are just getting to know Compound should spend some time trying to understand the markets, governance, and treasury with the help of documentation. Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
Community response: Why now? When it was just about to get fun. Aave is what I asked for.
Smart move. The compound UI has been lagging.
