1. Register an account at OKEx Exchange.
2. Complete your KYC (Level 1).
3. Trade Compound (COMP) token with a minimum value of 20 USDT during the campaign period to count as a new user.
4. Valid new user will receive 8 USDT as a reward.
5. During the event period, if your net purchase of OKB is converted (buy-sell) ≥100 USDT, you will get a chance to participate in the 20,000 USDT bonus pool.
6. Rewards will be distributed within 10 days after the end of the event.
7. For more information about the airdrop, visit here.
Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of tokens with algorithmically derived interest rates, based on the supply and demand for the token. 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.
Compound has grown to become one of the cornerstones of the DeFi industry. As of June 25th 2020, Compound was the world’s largest DeFi protocol with more than $500 million worth of cryptoassets being locked and over $900 million being supplied. Compound (COMP) is already listed on Coinmarketcap.
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
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