Compound (COMP)

🧑‍💻 OGAudit Web3 Research 📢 Introducing @compoundfinance; Compound Finance ($COMP) is an Ethereum-based DeFi protocol enabling users to earn interest or borrow crypto assets in a permissionless, noncustodial manner through algorithmic money markets. Category: DeFi Ticker: $COMP Market Cap: $249.99M Rank: #247 OG Score: 48.40 / 100 Reviewed by: 6 OGs 🔍 More info: https://t.co/Oe6fU8ZSFt

Who else is looking at an old vault wallet and wondering why the $COMP they bought at $300 and did not sell at $800 is still just sitting there? Or is this just a me problem?

Compound ( $COMP ) is trading at a critical inflection point after a brutal multi-year downtrend. 📉 Down ~88% from ATH 📐 Descending trendline compression 🟣 Strong historical demand zone holding 📊 Price grinding sideways = accumulation behavior 🟢 A clean breakout above the downtrend + range high could trigger a major trend reversal. ⚡️ Long consolidations often lead to violent expansions. @compoundfinance

Wu said he learned, according to @EmberCN monitoring, that about 2 hours ago, the crypto venture firm a16z crypto transferred 27.6万 COMP (approximately $7.6 million) to Coinbase Prime. a16z is one of the lead investors of Compound and received a allocation of 1,000,000 COMP (10% of the total) in March 2020. Currently, a16z‑related on‑chain addresses mainly hold 64,000,000 UNI (about $325 million) and 19,510,000 OP (about $5.71 million), and no longer hold COMP. https://t.co/HOJx2LmxZL

2 hours ago, crypto VC @a16zcrypto transferred 276,000 $COMP ($7.6 million) into Coinbase Prime. a16z is the lead investor in Compound, having invested in March 2020 and obtained 1 million COMP (10% of total COMP). Currently, a16z's on-chain address mainly holds 64 million $UNI ($325 million) and 19.51 million $OP ($5.71 million), and no longer has COMP. https://t.co/8RgIjOC4Du --------------------------------------------------------- This article is sponsored by @Bitget | Bitget VIP, lower fees, more benefits

To Compound Delegates: We've put together a proposal on the Compound Forums to support COMP Buybacks, and build liquidity on Arbitrum. Our vault build is nearly complete, and we will be deploying our own COMP holdings into this product. Would love to chat with each of you.

#Accumulation zone spotted 👀 $COMP $EGLD $HBAR $LSK $SXP $SCRT $DYM $ATA $PARTI $NIL Price is quiet, volume isn’t. This is usually where positions are built — not chased. Are you accumulating or waiting? #Crypto #Altcoins https://t.co/OdT9wosdPM

Stream Finance Sues Operator After $93M Fund Loss @StreamDefi has filed a U.S. lawsuit alleging that former operator Caleb McMeans and trader Ryan DeMattia are responsible for the $93M loss reported in November, reported by @dlnews. According to the filing, McMeans let DeMattia manage Stream funds off-chain, and DeMattia allegedly used the assets to cover a personal margin call, wiping out nearly all of the $93M. The suit says McMeans breached his agreement, moved $2.1M to a personal wallet before returning it, and is now refusing to cooperate unless released from liability. The loss affected multiple DeFi protocols including @Trevee_xyz, @compoundfinance, @eulerfinance and @Morpho.