cUSDC 价格

cUSDC follows the ERC-20 Ethereum standard and is a specific currency deposited into the Compound liquidity pool.

Check the current Compound USD coin (cUSDC) price, market cap, circulating supply, trading volume, historical statistics, etc., along with in-depth information on several of the biggest and fastest-growing cryptocurrencies on CoinStats, one of the best crypto platforms around.

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Read on to learn everything you need to know about the Compound protocol and the Compound USD coin.

What Is Compound USD Coin

Compound is a decentralized software protocol running on the Ethereum network, enabling developers to create decentralized financial applications. Its native ERC-20 token, COMP, acts as a governance and incentive token, while several cTokens, including cUSDC, denote investment ownership rights.  By depositing tokens to a pool, users earn cTokens, i.e., if you supply USDC, you receive cUSDC. You can use your cTokens to withdraw your assets from the protocol whenever you want; when redeemed, the exchange rate increases, which means the interest is distributed more evenly.

Compound (COMP) can collateralize multiple crypto assets to provide various financial services, such as decentralized and autonomous borrowing and lending. In other words, the Compound protocol allows users to deposit cryptocurrency they own into lending pools designed for other users to borrow from them. Lenders earn interest on their deposits.

The Compound USDC follows the ERC-20 Ethereum standard. They represent a specific currency deposited into the Compound liquidity pool. In other words, cUSDC is a record of your digital dollars USDC deposited to the Compound protocol. Once a user deposits their USDC to the Compound protocol, they are awarded corresponding cUSDC tokens.

Anyone who holds cUSDC earns the prevailing market interest rate. Eventually, each cToken becomes convertible into an increasing amount of USDC, the underlying asset.

COMP has a max supply of 10 million tokens, while the supply of cUSDC changes depending on activities. The protocol issues new tokens when users add funds and destroys cUSDC in the case of withdrawal.

Compound Founders

The software company Compound Labs was founded in 2017 by Robert Leshner and Geoffrey Hayes. The protocol officially launched on Ethereum took place in 2018.

Robert Leshner is the current CEO of the company. He's a venture partner at Robot Ventures, a pre-seed investor in fintech and blockchain companies. Leshner's experience also includes management roles in different financial companies. In 2011 he founded Safe Shepherd, a personal information protecting company.

Geoffrey Hayes, an experienced software engineer, is Compound's current CTO.

In 2018, Compound raised $8.2 million in funding from distinguished venture capital firms Andreessen Horowitz and Bain Capital Ventures.

The following year, Compound raised an additional $25 million from the same investors and Paradigm Capital, a VC fund with ties to Coinbase.

A share of the total supply of COMP cryptocurrency was initially distributed to the investors and the team.

How Does cUSDC Work

Compound (COMP) connects lenders with borrowers through smart contracts running directly on the Ethereum blockchain.

Borrowers are users who post cryptocurrency collateral on Compound and are then allowed to borrow other cryptocurrencies supported by Compound at a percentage of the published value.

Lenders are users who deposit their cryptocurrency to the lending pools and earn interest on the cryptocurrency they deposit.

The Compound protocol rewards lenders with its ERC-20 COMP tokens. The rewards are based on the number of cTokens held in their wallet and a varying interest rate depending on the available supply of that asset. The more liquidity a particular token has, the lower the interest rate generated.

Users who lend assets to the protocol can also take out a loan in any other cryptocurrency supported by the Compound protocol. So, borrowers get liquidated if the asset they borrow increases in value and becomes more valuable than the deposited collateral.

How to Buy cUSDC

To purchase cUSDC, users need to buy Ether or Bitcoin first. It's possible to do that via various exchanges like Binance, Coinbase, Huobi, Uniswap, etc.

Follow these easy steps to buy cUSDC:

Step 1: Register on Fiat-to-Crypto Exchange.

Step 2: Buy ETH with fiat money. Once you finish the KYC process, you will need to add a payment method. You can provide a credit/debit card or use a bank transfer. Depending on the country of your residence, some countries will offer instant cash deposits with low fees. Now you can buy Ethereum.

Step 3: Transfer ETH to an Altcoin Exchange. Since cUSDC is an altcoin, you must transfer your coins to an exchange that offers to trade cUSDC in various market pairs. Deposit ETH to the exchange, and you're all set to purchase cUSDC.

Step 4: Acquire a hardware wallet: If you plan to keep your cUSDC for a considerably long time, you may want to store them in a wallet securely. Hardware wallets like Ledger Nano S and Ledger Nano X are the most popular options in this category.