New crypto coins8/3/2023 ![]() ![]() There is a maximum total supply of 10 million COMP. Users can earn COMP through lending or borrowing assets on Compound. COMP is Compound’s Ethereum-based governance token, which enables holders and delegates to propose and vote on changes to the protocol. It was created in 2017 by entrepreneurs Robert Leshner and Geoffrey Hayes.Ĭompound allows users to earn interest by depositing crypto into lending pools that can be accessed by borrowers. Listed in alphabetical order: Compound (COMP)Ĭompound is an algorithmic, autonomous interest rate protocol built for developers to create open financial applications. Deposit and withdrawal won’t be available immediately for these assets, but that capability is coming soon. These assets are available to buy and sell now on the Robinhood app. “As a safety-first company, we have a rigorous framework in place to help us evaluate assets for listing, and we remain committed to providing a safe and educational crypto platform.” “We’re excited to add more choices for our customers as we work to make Robinhood the best place to invest in crypto,” said Steve Quirk, Chief Brokerage Officer at Robinhood. Now, we’re happy to address another top request by adding additional cryptocurrencies. ![]() Addressing their first ask, we rolled out wallets to every eligible person on a waitlist of more than two million. Over the past year, our crypto customers have consistently asked for two things: the ability to send and receive their tokens, and a broader selection of cryptocurrencies. We’re pleased to announce that customers can now buy and sell four additional cryptocurrencies through Robinhood Crypto: Compound (COMP), Polygon (MATIC), Solana (SOL) and Shiba Inu (SHIB). ![]()
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