Compound Finance
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Compound Finance
Compound.Finance is a website for borrowers and lenders of Cryptocurrency. We have only only using it as a lending protocol, where you provide money to the system for it to be used for loans. You supply cryptocurrency, usually in USDC to the protocol and you gain interest, which is recalculated every 15 seconds and based on new values. The APR fluctuates from as low as 3% to over 20%, and may go above that. We’ve seen it go as high as 23%. Compound has proven to our team here that it is a reliable source of increasing your funds over time, and it is much better than storing money in the bank. As with all cryptocurrency systems it’s important to let you know your capital is at risk. We recommend using either the Base, Arbitrum or Polygon networks as Etherium is far too expensive, and will probably remain so.