Compound Labs gets closer to multi-chain lending via newly released code

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Compound Labs gets closer to multi-chain lending via newly released code
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ICYMI: Compound Labs takes one step closer to multi-chain lending through newly released code

While the protocol hasn’t yet been launched, developers can integrate the code into existing platforms and offer suggestions for improvements.

Compound III is intended to be a governable protocol that’s both affordable in capital and transaction fees. One way it’s doing this is by including a single borrowable base asset — with all other assets collateralized — to reduce risk and improve capital efficiency, Compound Labs’ vice president of engineering Jared FlatowWhile Compound has released the code to the multi-chain lending protocol, it hasn't released the actual protocol itself.

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