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Ethereum Name Service (ENS) is a decentralized domain name service built on the Ethereum blockchain, allowing users to register human-readable domain names that can be linked to cryptocurrency addresses, smart contracts, and other digital assets. ENS simplifies the process of sending and receiving cryptocurrencies by replacing complex hexadecimal addresses with easy-to-remember names.
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.