compound.finance Reviews
is compound.finance legitimate or a scam?Why is the trust score of compound.finance very high?
Compound is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies in a trustless manner. It is built on the Ethereum blockchain and is governed by the COMP token, which allows holders to participate in the protocol’s governance. The platform enables users to earn interest on their crypto holdings by supplying assets to the Compound protocol. Additionally, borrowers can use their crypto as collateral to take out loans. The interest rates for lending and borrowing are determined algorithmically based on supply and demand for each asset. Compound has gained popularity in the DeFi space due to its user-friendly interface and the ability for anyone to participate in the protocol. However, as with any DeFi platform, there are risks associated with using Compound. These include smart contract vulnerabilities, market volatility, and the potential for liquidation if the value of the collateral falls below a certain threshold. Users should carefully consider these risks and conduct thorough research before participating in the platform. It’s also important to note that the DeFi space is rapidly evolving, and new developments and risks may emerge over time. As such, it’s advisable to stay informed about the latest news and updates related to Compound and the broader DeFi ecosystem.”
the reasons behind this review :
Decentralized Finance (DeFi) Protocol, Lending and Borrowing, Ethereum Blockchain, COMP Token Governance, Interest Earning on Crypto, Collateralized Loans, Algorithmic Interest Rates, Smart Contract Risks, Market Volatility, Liquidation Risk, User-Friendly Interface, DeFi Space Evolution, Risk Management, Stay Informed
Positive Points | Negative Points |
---|---|
Website content is accessible No spelling or grammatical errors in site content High review rate by AI Domain Age is quite old Archive Age is quite old Domain ranks within the top 1M on the Tranco list | Whois data is hidden |
How much trust do people have in compound.finance?
Domain age :
7 years and 2 months and 22 days
WHOIS Data Status :
Hidden
Website :
compound.finance
Title :
Compound
Description :
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
Website Rank :
80408
Age of Archive :
6 year(s) 8 month(s) 11 day(s)
SSL certificate valid :
Valid
SSL Status :
Low - Domain Validated Certificates (DV SSL)
SSL issuer :
Let's Encrypt
WHOIS registration date :
2017/09/25
WHOIS last update date :
2024/12/14
Organization :
Compound Labs, Inc.
State/Province :
CA
Country :
US
Phone :
REDACTED FOR PRIVACY
Email :
Please query the RDDS service of the Registrar of Record identified in this output for information on how to contact the Registrant, Admin, or Tech contact of the queried domain name.
Organization :
REDACTED FOR PRIVACY
State/Province :
REDACTED FOR PRIVACY
Country :
REDACTED FOR PRIVACY
Phone :
REDACTED FOR PRIVACY
Email :
Please query the RDDS service of the Registrar of Record identified in this output for information on how to contact the Registrant, Admin, or Tech contact of the queried domain name.
Organization :
REDACTED FOR PRIVACY
State/Province :
REDACTED FOR PRIVACY
Country :
REDACTED FOR PRIVACY
Phone :
REDACTED FOR PRIVACY
Email :
Please query the RDDS service of the Registrar of Record identified in this output for information on how to contact the Registrant, Admin, or Tech contact of the queried domain name.
IP : 104.18.29.126
ISP : AS13335 Cloudflare, Inc.
Country : US
IP : 104.18.28.126
ISP : AS13335 Cloudflare, Inc.
Country : US
Name :
Cloudflare, Inc
IANA ID :
1910
Registrar Website :
http://cloudflare.com
Target : sharon.ns.cloudflare.com
IP : 108.162.192.221
ISP : AS13335 Cloudflare, Inc.
Country : US
Target : karl.ns.cloudflare.com
IP : 108.162.193.190
ISP : AS13335 Cloudflare, Inc.
Country : US
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This website was last scanned on December 14, 2024

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