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Ethereum-based lending dapp protocol Compound has broken a billion dollars in total assets borrowed, according to the website.
To illustrate how dramatic the release of this token has been: DeFi Pulse shows Compound as having just under $100 million in total deposits on June 14, the day before COMP mining began.
Other DeFi projects have since followed suit, either releasing or announcing their own governance-token-mining schemes
Compound is really making noise these past few weeks.