Compound Governance

  • Compound III has been deployed to Polygon, and users can use WETH as collateral to borrow USDC

    According to the report, Compound Governance issued a document saying that Compound III has been deployed to Polygon, and users can now use WETH, WBTC and MATIC as collateral to borrow from USDC, leading the market in efficiency. Interpretation of this information: The report highlights that Compound Governance has released a document stating that Compound III is now available on Polygon. With this update, users can now utilize WETH, WBTC and MATIC as collateral to borrow USDC. This move increases efficiency and will likely lead the market forward in terms…

    03/08/2023
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