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Compound establishes money markets, which are pools of assets with algorithmically derived interest rates, based on supply and demand. cToken represents balances supplied to Compound, earning accumulated interest through the cToken's exchange rate, based on each market's Supply interest rate (APR). cDAI represents the DAI Supply interest rate on Compound.
Compound establishes money markets, which are pools of assets with algorithmically derived interest rates, based on supply and demand. cToken represents balances supplied to Compound, earning accumulated interest through the cToken's exchange rate, based on each market's Supply interest rate (APR). cDAI represents the DAI Supply interest rate on Compound.
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