Compound Finance: Earning Interest with DeFi Lending

The Compound protocol is the first algorithmic money market, allowing users to easily earn interest by lending out DAI and other Ethereum-based funds. Compound is not a bank. They never hold your funds, they never manage your funds. However, DeFi gives us some amazing options with the way that we control our own funds, loan them out, or borrow more. Compound is a platform that enables this to be an intuitive experience while we generate excellent interest on our funds. The Ethereum DeFi architecture enables advanced financial exposure while maintaining control of your own funds without a middleman, order book, or counterparty. For the majority of users, this means earning a high interest rate, or using crypto as collateral to borrow stable coins. At a traditional bank, customers deposit money, and the bank manages those funds to generate a return on the interest charged to the borrower. Banks typically make the largest portion of their revenue on lending. In the centralize...