Express
Compound Labs Is Ready To Enter The Cross-chain Interoperability Market With Its New Compound Chain
Summary: As the Ethereum blockchain becomes more and more crowded, many interoperate projects have emerged. Now a new player joined the game. Compound Labs, COMP token's development team released the Compound Chain white paper today. The new chain is described as a distributed ledger that can transfer value and liquidity between peer-to-peer ledgers, which means users can ...
As the Ethereum blockchain becomes more and more crowded, many interoperate projects have emerged. Now a new player joined the game.
Compound Labs, COMP token's development team released the Compound Chain white paper today. The new chain is described as a distributed ledger that can transfer value and liquidity between peer-to-peer ledgers, which means users can borrow and lend assets from different blockchains.
In addition to supporting blockchains such as Polkadot and Tezos, the project also aims to support digital assets from central banks and investment banks. The governance token of the chain is COMP, and the native token CASH will be used to pay for network transactions.
By Mary Liu
Tags: Compound Chain,Compound Labs,Ethereum,Polkadot,Tezos
Link: Compound Labs Is Ready To Enter The Cross-chain Interoperability Market With Its New Compound Chain [Copy]
