Compound Finance is a technology that intelligently manages a lending pool of over $150 million in assets (as of September 2019). Flex interfaces with this technology through an API that allows you to withdraw your deposits and earned interest at any time.
Compound Finance lends in a similar way to banks: your deposits go in and are lent to borrowers in exchange for interest and collateral. But since Compound Finance is a technology, there is no need for branches or staff, so you enjoy a much better interest rate!
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