Compound

Compound Finance is a decentralized lending protocol on Ethereum, enabling users to supply assets to earn interest or borrow against collateral with variable rates. It supports major cryptocurrencies like ETH, USDC, and WBTC, using algorithmic interest based on supply-demand dynamics. Governance occurs via COMP token holders proposing and voting on upgrades, with multi-chain expansions to networks like Polygon and Avalanche for broader accessibility.