Robert Leshner: Compound – An Automated Money Market for Ethereum Tokens

In this episode, we caught up with Robert Leshner, founder of the Compound protocol. Compound is a fascinating smart contract protocol, running atop Ethereum, that allows users to lend and borrow specific ERC-20 tokens with a duration-free interest model. The protocol acts as a central borrower and lender of user tokens and algorithmically prices the interest charged to borrowers and lenders. Compound is one of the first examples of a well-functioning lending market built using smart contracts. Topics covered in this episode: Robert's background and how he came to found Compound The workings of the compound protocol Statistics of usage of the protocol Intended plan for governance of the protocol in the future Business model of the company and the protocol Comparison of compound to other lending protocols on Ethereum Outlook and future plans Episode links: Compound Website Compound Protocol Stats Our plan to create Compound v2 Robert Leshner on Twitter Robert Leshner on Linkedin Compound Finance on Twitter Sponsors: Cosmos: Join the most interoperable ecosystem of connected blockchains - http://cosmos.network/epicenter Vaultoro: Trade gold to Bitcoin instantly and securely starting at just 1mg - http://vaultoro.com This episode is hosted by Meher Roy & Friederike Ernst. Show notes and listening options: epicenter.tv/295