Compound.Whitepaper.pdf
compound.finance · 2,664 words · saved by 1 readers
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6/14/2019 Compound Whitepaper - Google Docs Compound: The Money Market Protocol Version 1.0 February 2019 Authors Robert Leshner, Geoffrey Hayes https://compound.finance Abstract In this paper we introduce a decentralized protocol which establishes money markets with algorithmically set interest rates based on supply and demand, allowing users to frictionlessly exchange the time value of Ethereum assets.…
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