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Compound (COMP) is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies in a trustless manner. By utilizing smart contracts on the Ethereum blockchain, Compound enables users to earn interest on their crypto assets or take out loans against them without the need for traditional intermediaries.
Akash Network (AKT) is a decentralized cloud computing marketplace that allows users to buy and sell unused computing resources. By leveraging blockchain technology, Akash Network aims to create a more efficient and cost-effective alternative to traditional cloud services.