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Easily convert COMP to CFX with ConvertOnline's efficient tool.
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.
Conflux (CFX) is a blockchain platform designed to enable high throughput and scalability for decentralized applications. It uses a unique consensus mechanism called Tree-Graph, which allows multiple transactions to be processed simultaneously, enhancing efficiency and reducing latency in transaction times.