Major announcement:
Compound Treasury (the institutional DeFi on-ramp) now supports borrowing (in addition to earning interest).
By combining a CeFi business model with a DeFi protocol (Compound), we can provide fantastic rates and terms to clients 📈
https://t.co/mi4gpKi7jW
There are 4 extremely important governance proposals to pay attention to right now; if you use Compound or hold $COMP, now is a great time to participate in governance.
https://t.co/yNESPN1ZCF
👇
If you're working in TradFi, and want to make the leap to crypto, @compoundfinance is hiring!
Our newest opening is for a Director of Finance at Compound Treasury (institutional DeFi on-ramp) 📈
https://t.co/miuYDCMa47
📣The 4th issue of The State of DeFi Lending is a deep dive on Compound III - the new @compoundfinance version targeting its multi-chain strategy ⛓️⛓️
Including an interview with @jmflatow, VP Engineering at Compound Labs 🤓📜
https://t.co/azl6eP7iR3
Pretty much the entire crypto industry loaned money to 3AC and the only ones getting paid back are the “risky DeFi protocols”.
Now that’s ironic.
Bearish banks.
Bullish DeFi.
10/ Where select centralized lenders fail, DeFi lending protocols demonstrate the versatility and efficacy of a fully functioning and transparent system.
Explore the full report on the State of @compoundfinance Q2 2022 from @SeanButta.
https://t.co/ACEGsxQzKq
You can’t negotiate with smart contracts 🤫
While withdrawals remain paused, @CelsiusNetwork has repaid more than half a billion dollars in debt to decentralized lending protocols
TLDR of crypto this past month:
✅ Transparent and automated real defi protocols functioned flawlessly and were highly effective at protecting users
❌ Opaque, human operated centralized platforms gambled with user funds and lost it all, hurting their users
1/ @compoundfinance published version III of the protocol last week.
Why is it essential for the #DeFi lending landscape, and what opportunities does it create?
🧵⤵️
Today we're excited to release a code repository to the Compound community, to enable a next-generation borrowing protocol that can scale across blockchains:
Compound III.
https://t.co/sy481D9Ama
Given the recent significant market events, S&P Global published a bulletin on Compound Treasury:
"Risk Profile Remains
Consistent With Our Initial Expectations, Despite
Large Crypto Price Corrections"
https://t.co/NpYW3FMtNO
Today, Compound Treasury received a B- credit rating from S&P Global Ratings. This makes Compound Treasury the first institutional DeFi offering to be rated by a credit rating agency.
https://t.co/F5mVyD9gVo
My name is being used in some of these scam emails; be wary of any message claiming to be me, especially one that offers a job and/or requests you send crypto.
🚨 The latest scam to watch out for: con artists impersonating Compound Labs, and offering employment (for a non-existent customer service role).
After being "hired", they request money/Bitcoin to "provide equipment".