Thank you to everyone who was able to join the community call! I’ve posted notes from the call below. You can also listen to a recording of the call here .
Compound Developer Community Call Notes
Wednesday, June 30, 2021
Tyler Ether - Isolated Markets (starts at 1:08)
- Tyler shared an idea that would allow the protocol to support supplying and borrowing for any type of asset, without spreading risk to other markets. This would be achieved by creating isolated market pairs, where users can only supply and borrow the specified assets in the pair. Tyler plans to spec out the architecture over the coming weeks, and will share more information on the exisiting forum thread.
0xLeo - cToken Futures Market (starts at 7:56)
- Leo shared an overview of his grants project to develop cToken Futures Markets. The proposed cToken futures contract is an agreement to buy or sell a cToken at a fixed price at a future date, similar to an FX forward. This would allow for fixed-rate deposits and stable-rate borrowing, and can serve as a hedge instrument for traders. Leo is currently working on the project as a part of the HackMoney hackathon, and plans to build a proof of concept over the next 3 weeks. You can read more about this project on the forum post.
Paperclip Labs - Historical APY Dashboard (starts at 22:38)
- Pluto and Cyber presented their grants project to create a dashboard for historical interest rate data. They explained that after collecting community feedback, a major area of importance was to clearly explain concepts like reserves, COMP distribution, and utilization to a non-technical audience. The dashboard allows users to see all past data on historical interest rates (including the net rate from the COMP distribution), and compare different assets on the same chart. Check out the Dashboard for yourself and provide feedback on this form.