Category: Compound V3

How Compound V3 Allocates COMP Rewards Compound issues rewards in COMP tokens to lenders and borrowers in proportion to their share of the a market’s lending and borrowing. The algorithm…

Bulkers in Compound V3 The bulker contracts in Compound V3 are multicall-like contracts for batching several transactions. For example, if we wanted to supply Ether, LINK, and wBTC as collateral…

Understanding Collateral, Liquidations, and Reserves in Compound V3 In this chapter we will examine the following topics about Compound V3: collateral valuation absorbing insufficiently collateralized loans (liquidations) selling absorbed collateral…

cUSDC V3 (Compound V3) as a non-standard Rebasing Token, CometExt.sol The Compound V3 contract behaves like a rebasing ERC 20 token. A rebasing token is a token which has an…

DeFi Interest Rate Indexes: Principal value and Present Value in Compound V3 The intuitive way to track lender deposits is to record the amount of USDC they deposited and the…

Compound V3 Interest Per Second The Compound V3 protocol measures interest on the scale of seconds. The Compound V3 frontend scales the number up to years for human friendliness. When we check…

The Architecture of the Compound V3 Smart Contract Introduction and prerequisites Compound is one of the most significant lending protocols in DeFi, having inspired the design of nearly every lending…