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:

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This episode is hosted by Friederike Ernst and Meher Roy. Show notes and listening options: epicenter.tv/295