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Easily convert COMP to TAIKO 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.
Taiko (TAIKO) is a decentralized layer-2 scaling solution designed to enhance the Ethereum blockchain's transaction throughput while maintaining its security and decentralization. By using zero-knowledge rollups, Taiko aims to provide a faster and more cost-effective environment for developers and users alike, enabling seamless interactions within decentralized applications.