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Easily convert COMP to LDO 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.
Lido DAO (LDO) is a governance token for the Lido decentralized autonomous organization, which provides a liquid staking solution for Ethereum and other proof-of-stake (PoS) networks. By allowing users to stake their assets while retaining liquidity, Lido enables users to earn staking rewards without locking up their assets indefinitely.