Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.

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Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
Compound Is An Algorithmic Autonomous Interest Rate Protocol Built For Developers To Unlock A Universe Of Open Financial Applications
Compound Is An Algorithmic Autonomous Interest Rate Protocol Built For Developers To Unlock A Universe Of Open Financial Applications
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.

We're Compound Labs
The legacy financial system is slow, inefficient, and constrained by intermediaries. We’re on a mission to change that.
Compound Labs is an open-source software development company building tools, products, and services for the decentralized finance (DeFi) ecosystem.

The Compound protocol currently has 
$650,314,981 of USDT earning 6.75% interest

Protocol Math
The Compound protocol contracts use a system of exponential math, Exponential.sol, in order to represent fractional quantities with sufficient precision.

Most numbers are represented as a mantissa, an unsigned integer scaled by 1 * 10 ^ 18, in order to perform basic math at a high level of precision.

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