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Tag: Compound

rToken – The Allocation Strategy and upgradeability

Posted on August 18, 2019September 28, 2019 by Francesco Renzi

We decided to design rDAI in a very simple and straightforward way. We allow users to deposit their DAI, get back an equal amount of rDAI, and choose who gets the interest. The core things we tried to optimize for were: rDAI must be easily transferable, and completely fungible The interest must be easily programmable Read more about rToken – The Allocation Strategy and upgradeability[…]

Posted in product updatesTagged Compound, DAI, DeFi, Ethereum, rDAILeave a comment

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