Compound ‘5x Overvalued’ as COMP Farming Accounts for 88% of Its Assets
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Researchers claim that the Compound token is at least five-fold overvalued as over 88% of its $1 billion book is lent to liquidity miners. See more for yourself here (https://cointelegraph.com/news/compound-5x-overvalued-as-comp-farming-accounts-for-88-of-its-assets).
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