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API Update for Multi-Collateral DAI, Unspent Integration, MCD Call

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API Update for Multi-Collateral DAI, Unspent Integration, MCD Call

Compound Weekly, 11/11

Compound
Nov 26, 2019
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Multi-Collateral DAI API Update

Compound API Upgrade: in the coming days, Compound APIs will begin returning the names SAI and DAI in their corresponding market; the asset called DAI will begin referencing a new address/market.

  • Visit the Compound Discord for updates

Unspent Integration

Unspent now automatically synchronizes all of your Compound activity from the Ethereum addresses you’ve added on Unspent and displays all of the relevant information in a simple dashboard. It shows the total value and total interest of assets you are lending or borrowing.

“I wanted Unspent to offer a Compound dashboard because it's one of the most popular open finance services, and has one of the best and simplest UX.” - Philippe Masset, Unspent founder

  • Visit Unspent.io

The Massive Potential of Multi-Collateral DAI Video

“The Massive Potential of Multi-Collateral DAI" was held recently featuring Robert Leshner (Compound CEO), Steven Becker (MakerDAO President & COO), Tim Ogilvie (Staked CEO), and Allison Lu (UMA Co-Founder and COO).

The group discussed and presented information regarding the transition to Multi-Collateral DAI and the opportunity it presents.  Robert spoke about Compound’s adoption of MCD and the updates to cTokens like cDAI. His presentation can be seen beginning around minute 26.

Thoughts

Twitter avatar for @defipulse
DeFi Pulse 🍇 @defipulse
#DeFi is growing like crazy. 🤯 Maybe it's time for a logarithmic scale.. What do you think?9
Image
3:50 PM ∙ Nov 20, 2019
120Likes25Retweets

Markets

Total supply is currently at $120 million from 13,000+ suppliers. Total borrowing is at $27 million from 1,250+ borrowers.

The three largest suppliers this past week minted $7.5m of cETH; $3.7m of cETH; and $3.3m of cETH. The three largest borrowers this past week borrowed $2.9m of DAI; $1.4m of DAI, USDC and ZRZ; and $436k of DAI, ETH and USDC.

For live figures please refer to our /markets page.

More:

  • 🎙Jayson Hobby, Head of Design at Compound, talks about DeFi design and Compound on Fork the Product Podcast

  • Argent, built with Compound, now offers zero fees for USD to USDC transfers

  • DeFiWatch - Easily monitor your ETH address and manage DeFi transactions

  • Messari launches new DeFi metrics to track loans issued on Defi platforms such as Compound

  • Ethereum locked in DeFi hits all-time high, 317k ETH locked in Compound 

  • DeFi School covers Compound

  • Linen, built on Compound, begins free private equity incentive program on GetRepublic


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