After recently integrating Uniswap and TokenSets, we’re happy to share that Unspent has now integrated Compound, the second most popular open finance lending protocol!
Compound allows to borrow or lend and earn interest on crypto assets like ETH, WBTC, SAI, ZRX…
Unspent automatically synchronizes all of your Compound activity from the Ethereum addresses you’ve added on Unspent, and displays all of the relevant information in a simple dashboard: the total value of assets you’re lending or borrowing, total interest accrued from lending or borrowing…
Unspent also displays the health of your Compound account, which is the ratio between collateral value and borrowed value. It’s an important metric to keep an eye on if you’re borrowing assets on Compound: to avoid liquidation, an account’s health must remain above 100%.
This is why Unspent also allows you to monitor the health of your Compound account: when health monitoring is enabled, Unspent will send you an email alert if your Compound health goes below 150%, and then another email if it reaches 100%.
You can enable Compound health monitoring for all of your Ethereum addresses by clicking on the button at the top of the Compound dashboard:
With this new addition, Unspent now supports Compound, Uniswap and TokenSets, in addition to a large (and growing!) number of exchanges (decentralized and centralized), and crypto wallets!
We’re excited to continue making Unspent the best place for you to keep track of all of your crypto activity: investing, trading, lending, borrowing…
Head to https://unspent.io/defi to see your own Compound activity!
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