Kerman Kohli

Kerman Kohli

Re-Hypothecation in DeFi

Learn what re-hypothecation is and how it'll impact DeFi

Kerman Kohli
Jan 23, 2021
∙ Paid
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Background

Pioneered by Compound back in 2018, they released these new kinds of tokens called “cTokens”. The idea is simple, deposit your money into Compound and receive back a cToken that represents your original asset + the stream of future interest. Logically speaking, the cToken is worth at least $1 however, is subject to the utilisation on the Compo…

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