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MAGIC•INTERNET•MONEY (Bitcoin) (MIM) is a digital currency that operates on a decentralized network, allowing for peer-to-peer transactions without the need for intermediaries like banks. It aims to provide users with a secure, private, and efficient means of transferring value across the globe.
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.