New Feature | Compound now brings interest rates to your crypto in imToken 2.0
Compound’s DApp lets your tokens earn interest while you HODL them. Open the Compound DApp on imToken 2.0 and start earning!
It is 2018 and Decentralized Finance #DeFi is becoming a thing. Following the trend, we plan to cover the DApps as they are reaching mainnet release for you, the user.
Adding to the #DeFi stack already in your imToken 2.0 DApp browser, we are happy to announce Compound!
Use Compound to borrow or earn interest while you HODL
Compound is one of the best and most useful DeFi products we have seen in the market.
The Compound DApp enables users to easily earn interest on their tokens; just supply your assets to Compound, and begin immediately earning the specified interest rate.
Currently Compound supports ETH, ZRX, REP, BAT, and DAI. Interest rates for these tokens fluctuate, and have ranged from 0.02% — 20.0% annualized in the past several weeks. As Compound continues to build features, add assets, and acquire partners, these interest rates will become more and more attractive.
And not only can you earn interest on your tokens, but you can also use Compound to borrow tokens, to use them or trade them anywhere — try it out with imToken’s own built-in DEX!
Check it out by opening the Compound DApp on imToken 2.0! You can also see Compound’s guide on How to Earn Interest and Borrow Ethereum Assets.
We look forward to continuing to bring you access to the most innovative and useful products in crypto, through imToken. Thank you for being an imToken supporter!
imToken is the world’s largest Ethereum digital asset wallet, whose users produce ~10% of all Ethereum transactions. imToken provides access to Ethereum, BTC and EOS.
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