A detailed description and exchange rate of Bitcoin Compound Wrapped BTC (CWBTC)

 Compound Wrapped BTC (CWBTC)  ETH Token  Finance / Banking, Decentralized Finance (DeFi), Asset-backed Tokens, cToken, Ethereum Ecosystem 

Blockchain:  using algorithm ETH Token

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Curculation 829385.17245479 из 745513.50102955 CWBTC

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Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset (such as Ether, an ERC-20 stablecoin such as Dai, or an ERC-20 utility token such as Augur), and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates.

cWBTC is the Compound's wrapped version of Wrapped BTC and it's available on the Compound platform.

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Rating Compound Wrapped BTC

Rank by rate  CoinMarketCap: 1002

Rank by rate  CoinGecko: 1190.

Evaluation of communication (points): 37.517

Common Assessment Points: 0.014

Evaluation of the design (points): 0

Assessment of the liquidity (points): 1

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Useful links and additional information

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Events CWBTC

Official website CWBTC: https://compound.finance/ 

Block explorers COMPOUND-WRAPPED-BTC: etherscan.io  ethplorer.io 

Announcements COMPOUND-WRAPPED-BTC: medium.com 

Chats COMPOUND-WRAPPED-BTC: discordapp.com 


Twitter compoundfinance  

Reddit: https://www.reddit.com/r/Compound/  

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