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Easily convert COMP to IOST 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.
IOST (Internet of Services Token) is a blockchain network designed to facilitate the development and deployment of decentralized applications (dApps) and services. Its primary focus is on scalability and speed, aiming to support a high throughput of transactions to meet the needs of the growing decentralized economy.