Compound Finance is one of the leading projects in the DeFi space, consistently maintaining its position for several years since its inception and consistently ranking among the top lending/borrowing projects with high TVL.
Initially, the project's market was primarily on Ethereum, but it later expanded to include Polygon and Arbitrum.
Operated based on a DAO-based protocol, the project is gradually moving towards complete decentralization.
However, most lending and borrowing projects need to address two major issues: the security of the project and how to ensure that the project can avoid mass liquidations of loans. I think this is a challenging issue that not every project successfully resolves. Show Less
3
