Decentralized finance (DeFi) is shaking up the traditional financial system. It offers potential solutions to the problems people face with accessing and transferring money. DeFi is a peer to peer system that is not controlled by any centralized institution, like a bank.
Compound Labs is an open-source software development company building tools, products, and services for the DeFi ecosystem. The company is the creator of the Compound money market. It enables users to supply Ethereum, earn interest, or borrow it at a given interest rate. And its partnered with Circle and Fireblocks to launch Compound Treasury, a new product designed to help institutions get into DeFi.
Kirsty
Company Specialist at Welcome to the Jungle