Compound’s COMP Token Paves Way for DeFi Yield Wars

Cointelegraph

Published Jun 26, 2020 02:45PM ET

Updated Jun 27, 2020 05:00PM ET

Recent events surrounding the launch of Compound’s token seem to have been noticed by many other projects in the decentralized finance, or DeFi, ecosystem.

In an interview with Cointelegraph, Framework Ventures’s co-founder Michael Anderson said that the token’s success may provide an example to follow for other DeFi projects who may start engaging in “yield farming wars.”

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