Jeffrey ScholzJan 55 minDeFi Interest Rate Indexes: Principal value and Present Value in Compound V3 The intuitive way to track lender deposits is to record the amount of USDC they deposited and the time they deposited. Compound V3 does...
Jeffrey ScholzJan 44 minCompound V3 Interest Per SecondThe Compound V3 protocol measures interest on the scale of seconds. The Compound V3 frontend scales the number up to years for human...
Jeffrey ScholzJan 37 minThe Architecture of the Compound V3 Smart ContractIntroduction and prerequisites Compound is one of the most significant lending protocols in DeFi, having inspired the design of nearly...