Long-term COMP holdings

X Followers: 252,000

Long-term holding: 2 stars ★★
Growth potential: Three stars ★★★

Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of the multiple liquidity pools supported by the platform.
It is a decentralized application (DApp) that runs on top of the Ethereum network.

Compound is a decentralized money market protocol built on the Ethereum blockchain. It works to allow borrowers to take out loans by locking their crypto assets in the protocol, while lenders provide loans. The interest rates paid and received by debits and credits are determined by the supply and demand of each crypto asset. Mining each block incurs an interest rate. The loan can be repaid at any time and the locked assets can be withdrawn.

Supply: 10 million
Circulating Supply: 7.76 million
Circulation: 77%
Market capitalization: $397 million

The investment institutions are not bad, but the project party has too many chips in its hands, with 23.9% of shareholders, 22.26% of founders and team members, and 3.7% of future team members, which is directly half of the chips.
Personally, I'm not very interested in this track, and I can do the band if I have friends who are interested.

Currency: #COMP
Type: Medium to long term
Buy point 1: 30.7
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Sell Point 1: 55.2
Sell Point 2: 75.3
Sell point 3: 100.4