When was the Compound coin launched?

Prior to its inception, the traditional financial system had limited options for borrowers seeking capital, often resulting in high-interest rates and strict eligibility criteria. Compound aimed to disrupt this landscape by harnessing the power of blockchain technology to create a more accessible and efficient lending platform.

Robert Leshner, the driving force behind Compound, possessed a deep understanding of the challenges faced by borrowers in the digital age. His expertise in finance and technology converged to form the foundation upon which Compound was built, aimed at democratizing access to credit.

Geoffrey Hayes, on the other hand, contributed his extensive knowledge of software development and blockchain architecture. His technical prowess was instrumental in crafting a robust and secure platform capable of handling the complex transactions inherent in decentralized finance.

The Compound coin, a pioneering project in the realm of decentralized finance, made its debut in 2017. Conceived and brought to life by the visionary duo of Robert Leshner and Geoffrey Hayes, this digital asset was born out of a shared vision to revolutionize lending and borrowing practices within the cryptocurrency ecosystem.

Together, Leshner and Hayes forged a partnership that transcended the boundaries of traditional finance. They recognized the potential of blockchain to transform lending practices and set out to create a system that would empower borrowers and lenders alike.