The Ethereum token is now the biggest in the DeFi space. But are annual yields earning coins a good idea?
Interest in Compound’s COMP has continued to soar over the past 24 hours—sending the value of the asset through the roof and securing its place by market cap as the biggest decentralized finance (DeFi) token.
The value of COMP, which went live for trading on Monday, has increased by over 80% in the past day, surpassing popular Ethereum token Maker as the biggest DeFi cryptocurrency.
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https://decrypt.co/33052/price-of-compound-token-continues-to-soar