Compound Finance

Compound Finance is a decentralized platform that allows users to earn interest or borrow cryptocurrencies without traditional banks. By depositing digital assets like Ethereum or stablecoins into the platform, you can earn passive income as others borrow these funds, with interest paid to lenders. Conversely, if you need liquidity, you can borrow assets using your deposits as collateral. It operates through smart contracts on the blockchain, ensuring transparency and automation. Essentially, Compound turns your crypto assets into a form of interest-bearing savings account or a way to access funds without selling your holdings.