Since the inception of RioWallet’s multichain interface, many members of our community have expressed their desire to see the Compound protocol integrated into our wallet. This is now done.
RioWallet users can access one of the most popular decentralised lending platforms in the Blockchain universe. In many respects, Compound has been a trailblazer of our industry and among the first initiatives to offer fully decentralised interest generating programs.
For James Anderson, CEO at RioDeFi, it was only a question of time before RioDeFi and Compound paths were going to cross: “One of the core ideas behind RioDeFi is to bring the benefits of decentralised finance to everyone. Compound has played a key role in fostering the emergence of DeFi, and we owed it to ourselves and to our community to integrate a solution that is so much in line with our values.”
RioWallet is set to integrate many more leading DeFi services on its platform over the coming weeks, so download RioWallet today on iOS or Android to start utilizing Compound and other fantastic dApps.
Download RioWallet to take the full advantage of Dapp integration: https://riodefi.com/wallet
Compound is a decentralized, blockchain-based protocol that allows users to lend and borrow cryptocurrencies and digital tokens. By locking digital assets in the Compound protocol users will generate interests similar to what they would achieve in a savings account, but with a decentralized, blockchain-based protocol.
Compound also issues its users with its native COMP token which grants them a say in the governance of the platform.
RioDeFi accelerates the mass adoption of digital assets by bridging traditional and decentralized finance. Our vision is a world in which everyone has access to decentralized financial (DeFi) services.
We develop solutions that connect banking institutions with blockchain systems. Our applications enable lower transaction fees, faster confirmations, more efficiency, better returns for savings account holders, and global reach.
To learn more about RioDeFi, please visit:
Telegram Channel: https://t.me/riodefiofficial
Telegram Announcement: https://t.me/riodefiofficial