Compound is a decentralized finance (DeFi) platform built on the Ethereum blockchain that allows users to lend or borrow various cryptocurrencies. The platform uses smart contracts to facilitate peer-to-peer lending and borrowing transactions without the need for intermediaries. Users can deposit their funds into the Compound protocol and earn interest by lending out their assets to borrowers. Conversely, borrowers can borrow assets by providing collateral in the form of other cryptocurrencies. The interest rates for lending and borrowing are determined by supply and demand dynamics on the Compound platform.
For those who want to download the Compound logo, we have
compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin,
Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you
want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including
the Compound logo.