$178
1H
-0.03%$-0.0535
24H
-6.34%$-12.06
7D
-28.71%$-71.77
Compound (COMP) is an ERC-20 asset that powers the community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on changes to the protocol.
By placing COMP directly into the hands of users and applications, an increasingly large ecosystem will be able to upgrade the protocol, and will be incentivized to collectively steward the protocol into the future with good governance.
In a token sale that has again proven that investors still have a keen interest in Ethereum applications, the blockchain data startup The Graph has raised $5 million in funding from investors.
Balancer has launched distributions of the BAL governance token on the Ethereum mainnet. The token has more than tripled in value in just a few hours. Balancer and Compound are now DeFi’s most valuable protocols.
The listing of USDJ and JST by CryptoLocally is an important step in the realization of TRON’s goal to support the development of a decentralized finance ecosystem.
Checks is one of the amendments on the XRP Ledger Protocol that have been around for long but is yet to achieve a majority vote to become functional on the Ripple network.
Coinbase announced the launch of its Coinbase Price Oracle, which provides an important service to the DeFi ecosystem. Coinbase will offer a signed price feed via the Coinbase Pro API.