Lecture 6.0.0. Practical Lessons: DeFi Lending and Borrowing

Lesson 86/115 | Study Time: 0 Min
Course: Tertiary SOC



Lecture 6.0.0. Practical Lessons: DeFi Lending and Borrowing

Compound is a DeFi lending protocol that was launched in 2017 on the Etherem smartchain. Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently exceeded 800 million dollars in total locked value.

As a lending protocol, Compound has grown to be very popular in the Crypto Market. This practical lesson will show you step by step how you can utilize decentralized lending services using Compound Protocol as a case example.