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| Name | How to Earn COMP Tokens with Compound Finance |
| Video Uploader | Video From Bankless |
| Upload Date | This Video Uploaded At 15-06-2020 20:16:42 |
| Video Discription | Today, the Compound Finance team has begun distribution of the COMP governance token. Each day, they will distribute approximately 2,880 COMP to users of the protocol, where the the distribution is allocated to each market (ETH, USDC, DAI etc), proportional to the interest being accrued in that market each day. Within each market, 50% of the distribution is earned by suppliers and 50% by borrowers. You can see the Market Distribution Table here on their website: https://compound.finance/governance/comp To earn COMP by borrowing or lending on Compound, go to: compound.finance For more Bankless video tutorials, check out: https://www.youtube.com/playlist?list=PLmkdAgtxf3aiduauYPPqUWqpMmAXm2vt5 Video by: @DeFi_Dad Follow @DeFi_Dad on Twitter For more DeFi Dad tutorials aside from Bankless exclusives, subscribe to The DeFi Dad YouTube channel: https://www.youtube.com/channel/UCatItl6C7wJp9txFMbXbSTg ---- Disclaimer & Risks: Compound Finance did not pay me to produce this video. This is not financial advice and you should approach all DeFi applications, wallets, and protocols with caution. Please be aware there is always risk in using the Compound, including technical risks (ie smart contracts hacks), financial risks (ie liquidity crises), and potentially admin risk (admin key compromise, governance vulnerabilities). ---- To learn more about Bankless and DeFi living, subscribe to the Bankless Program: https://bankless.substack.com/ Follow @banklesshq on Twitter Follow @DeFi_Dad on Twitter Subscribe to DeFi Dad Tutorials on YouTube at https://www.youtube.com/channel/UCatItl6C7wJp9txFMbXbSTg [WimKt5dEDS4] |
| Category | Science & Technology |
| Tags | decentralized finance | DeFi | Ethereum | ETH | Compound Finance | Compound | COMP | cryptocurrency | crypto | defi | bitcoin | digital nation | bankless | comp | compound | erc20 | tokens | defi tokens | uniswap |
