1H
-1.11%$0.0001
24H
-4.24%$0.0004
7D
-7.09%$0.0006
30D
6.27%$0.0005
Despite being criticized for not being fully decentralized, Compound has offered several advantages for users in the crypto and DeFi space. Therefore, it is often referred to as a “crypto-economic miracle”.
This guide will explain the mechanism behind Non-Transferable Tokens (NTTs), a slight upgrade to the popular non-fungible tokens (NFTs), and provide answers to all lingering questions about this idealized innovation.