Review on Compound Dai by Furkan Öztoprak
Compound Dai Project overview
Friends, this project emerged as a DeFi project. It is a smart contract product included in the ERC20 Network. There is a merger with dai in this protocol. The main goal of the project is to lock cryptocurrencies so that people can borrow and lend money. They enable people to earn interest with this project and use them in other applications. As it is a new protocol, it can now be traded on the Balancer exchange. The stock market has very few trading options. I am sure that it will open to trade in quality stock markets in the future. It's a good project.
Pros
- Borrowing and lending
- Earning interest
Cons
- Stock market options are few.
