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Easily convert COMP to ETC 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.
Ethereum Classic (ETC) is a decentralized, open-source blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). It is the original version of Ethereum, which split into two separate blockchains following a hard fork in 2016, primarily due to a disagreement within the community over how to handle a major hack.