By running a Compound Coin wallet with coins inside it you will gain up to 125% APR interest (paid daily depending on the amount of coins held).
When these coins are continued to be held your total amount of coins are compounded with up to 125% APR applied to the new total in your wallet...
Several people in the community have mentioned about donations - we are looking at this and can already convert COMP to other currencies that can then be converted to products or services needed elsewhere in the world...
Please watch this space.
COMP donation address:
Mining Compound Coin
While Compound Coin can be mined with a computer it is easier for the novice to gain coins from faucets and earning wallet interest by leaving the Compound Coin open on a good Internet connection.
Currently Compound Coin earns up to 125%APR BUT this is set to drop to 62.5% APR after block 1,000,000 (currently over block 580,000). The yearly interest rate will continue to half at other designated block intervals.
Join the discussion on a Draft Compound Coin White Paper through REDDIT or our blog. Pdf version available above.
Get involved and find out more at the community discord channel ...
- COMP Discord: https://discord.gg/UQx48Yn
Thanks for great support from all at the discord channel!