Apr 3
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What Is Compound? | DeFi Lending Protocol Explained Simply What if you could earn interest on your crypto automatically without trusting a bank? That’s exactly what Compound does. In this video, we explain Compound, one of the earliest and most important DeFi lending protocols on Ethereum. Compound allows users to lend crypto and earn interest or borrow crypto by providing collateral — all powered by smart contracts. Interest rates on Compound are determined algorithmically based on supply and demand, making it a fully decentralized money market. Watch till the end to understand: • What Compound is and how it works • How crypto lending & borrowing works • How interest rates are calculated • Why Compound is important in DeFi HASHTAGS #Compound #DeFi #CryptoLending #CryptoBorrowing #BlockchainExplained #CryptoEducation #Web3 #CryptoShorts #CryptoIndia