Categoria: Lending
Sito Internet:
https://compound.financeWhitePaper:
https://compound.finance/documents/Compound.Whitepaper.pdfMarkets:
https://compound.finance/marketsInterfaccia Grafica:
https://app.compound.finance/
[...] decentralized system for the frictionless borrowing of Ethereum
tokens without the flaws of existing approaches, enabling proper money markets to function, and
creating a safe positive-yield approach to storing assets.
The Compound Protocol
Compound is a protocol on the Ethereum blockchain that establishes money markets, which are
pools of assets with algorithmically derived interest rates, based on the supply and demand for the
asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying)
a floating interest rate, without having to negotiate terms such as maturity, interest rate, or
collateral with a peer or counterparty.
Each money market is unique to an Ethereum asset (such as Ether, an ERC-20 stablecoin such as
Dai, or an ERC-20 utility token such as Augur), and contains a transparent and publicly-inspectable
ledger, with a record of all transactions and historical interest rates
Breve Guida all'uso:
How to Earn Interest and Borrow Ethereum AssetsF.A.Q.Una guida grafica sul funzionamento ed utilizzo di compound Information on securityDocumenti sulla sicurezza
Informazioni sul modello di prezzo
How to access the Compound protocol
Compound Interface is a basic interface for supplying and borrowing assets:
https://app.compound.finance/Argent is a secure non-custodial mobile wallet, that doesn’t require Ether/gas to use:
https://www.argent.xyz/Dharma is the simplest interface with a focus entirely on stablecoins:
https://www.dharma.io/DeFiSaver supports Trezor wallets, and is an alternate interface:
https://defisaver.com/compound/manageEtherscan allows you to interact with the protocol directly, without an interface:
https://etherscan.io/dapp/0xf5dce57282a584d2746faf1593d3121fcac444dc#writeContract
Governance
Compound è gestita dalla community decentralizzata dei detentori del Token COMP, e dei loro delegati, che propongono e votano sugli upgrade ed evoluzioni del protocollo.
COMP Token
The Compound protocol is governed and upgraded by COMP token-holders, using three distinct components; the COMP token, governance module (Governor Alpha), and Timelock. Together, these contracts allow the community to propose, vote, and implement changes through the administrative functions of a cToken or the Comptroller. Proposals can include changes like adjusting an interest rate model, to adding support for a new asset.
Any address with more than 100,000 COMP delegated to it may propose governance actions, which are executable code. When a proposal is created, the community can submit their votes during a 3 day voting period. If a majority, and at least 400,000 votes are cast for the proposal, it is queued in the Timelock, and can be implemented after 2 days.
Overview della Governance:
https://compound.finance/governanceDocumentazione:
https://compound.finance/docs/governanceInformazioni sul lancio e sull'allocazione iniziale del Token:
https://medium.com/compound-finance/compound-governance-decentralized-b18659f811e0Distribuzione del Token COMP agli utenti:
https://medium.com/compound-finance/expanding-compound-governance-ce13fcd4fe36Community Forums:
https://www.comp.xyz/categoriesCome Votare e Delegare:
https://compound.comradery.io/post/1464Come Votare Vote:
https://compound.comradery.io/post/1449Classifica dei delegati:
https://compound.finance/governance/leaderboardUn
Post su Medium che spiega cosa serva, o meglio servirà, il Token.
Borrowing & Liquidation
The Compound Protocol allows users to borrow any supported asset, using cTokens as collateral. The collateralFactor of a cToken (ranging from 0% to 90%) represents the maximum portion of your collateral value that can be borrowed--if the value of your borrowing exceeds that, you will be liquidated.
Calculator to compute liquidation thresholds:
https://azizjalel.github.io/compoundcalc/Liquidation Dashboard to manually liquidate at-risk accounts:
https://app.compound.finance/liquidate
Business Plan
Come guadagna Compound?
Devo ancora analizzare i dettagli, credo che metterò in piedi un piccolo spreadsheet per questo. Ma credo di aver capito che ci sia unp spread bid/offer nei tassi di finanziamento, ovvero il tasso guadagnato da chi mette a collaterale una valuta sia più basso di quello pagato da chi la prende a prestito. la differenza è messa in una "riserva" che è distribuita proporzionalmente dai detentori del Token COMP.
Market Risk Assessment by Gauntlet.
Our conclusions show that the Compound protocol can scale to a larger size and handle
high volatility scenarios for a variety of collateral types. In particular, we find statistically
significant evidence that even when Ether (ETH) realizes it’s maximum historical volatility, the
Compound system is able to grow total borrowed value by more than 10x while having a sub-
1% chance of default.4 Note that in this report we will refer to the protocol being in ‘default’ as
equivalent to being under-collateralized. Moreover, we find that the system stays significantly
over-collateralized in extreme scenarios and that current liquidation incentives are sufficient
for more liquid collateral types, such as ETH. We also note that for collateral that realizes super-
linear slippage (e.g. trading costs per unit quantity increase with larger liquidation sizes), one
needs to be more aggressive with both liquidation incentives and collateralization ratios. The
same techniques used to justify these conclusions also provide guidance on how to set proto-
col parameters for new collateral types that are added in the future.
Come rimanere aggiornati sugli sviluppi della community
Blog:
https://medium.com/compound-financeNewsletter:
https://compound.substack.com/Reddit:
https://reddit.com/r/compoundDiscord:
https://discord.com/invite/cU7vmVW[MORE TO COME]
