Today, following a successful COMP Governance proposal, Compound III is live 📈3⃣
Compound III is a streamlined version of the protocol, with an emphasis on security, capital efficiency, and user experience.
For borrowers, it's a game-changing upgrade.https://t.co/lmYs2DThBo
— Compound Labs (@compoundfinance) August 26, 2022
Compound ramps up risk management
Compound III is an incredible upgrade--designed to be the most effective borrowing tool available.
Safer, more capital efficient, better terms for borrowers, cheaper, quicker, lower-gas.
Tl;dr just watch this clip: https://t.co/lmROiyeUF7
— Robert Leshner (@rleshner) August 26, 2022