Leading staking protocol Compound’s token is now listed on Wisebitcoin. The fast-growing exchange listed the COMP/USDT pair as part of its current focus on giving traders access to the best-performing DeFi assets.
$COMP acts as a governance token for Compound where holders are able to propose and vote on important resolutions for the protocol. This makes the token all the more desirable since it allows them to have a say on parameters such as the annualized return and interests due on the assets staked in Compound.
“We’re happy to continue including DeFi staples on our platform. Compound’s $COMP token is one of the best-performing assets in the space and we’re sure it will interest the traders that keep joining our platform every day,” said Wisebitcoin Senior Advisor Sangwook Lee.
Other recent listings by Wisebitcoin include popular tokens such as $KNC, $UNI, and $SOL.
Wisebitcoin is a decentralized global exchange for traders with a multicultural team of over 50 specialists. It’s part of a cloud ecosystem with $6 billion in daily trading volume and over 2.3 million transactions per second on single trading pairs. The platform provides unparalleled services such as 100x leverage on contract trading, 24/7 live phone support, cloud infrastructure, affiliate programs, and deep liquidity. Other important features include a user-friendly interface, a mobile app, and an insurance fund for asset protection.
Compound is an algorithmic, autonomous interest rate protocol built for developers to unlock a universe of open financial applications. The protocol offers bank-like “mortgage loans” that allow users to get an annualized return on their assets while lenders pay interest on the assets.
For more information visit https://compound.finance.