Compound (COMP) is a decentralized lending and borrowing platform based on the Ethereum blockchain, created in 2017 by a team of developers, including Robert Leskin, who is one of the co-founders and CEO of the company. It allows users to earn interest on their cryptocurrency assets or borrow using their cryptocurrency assets as collateral. The platform operates on the basis of smart contracts, which eliminates the need for intermediaries and increases transparency and security of operations.

The COMP token was released in 2020 and is designed to manage the protocol. COMP token holders can participate in voting on important issues related to the development of the platform, such as changing interest rates and choosing new assets to support. This creates a decentralized decision-making process and allows the community to influence the future of the Compound.

One of the key features of Compound is its automatic interest rate adjustment mechanism, which is based on supply and demand on the platform. This provides dynamic bid customization, making Compound one of the most popular DeFi apps on the market. Users can easily manage their assets and earn income by providing liquidity to the lending pool. Compound continues to evolve, attracting the attention of investors and developers seeking to take advantage of the opportunities of decentralized finance.