Compound Approves $52M Budget for Institutional Growth
The hires read like an institutional underwriting bench and the budget is the largest Compound's DAO has ever approved, but Aave at 11x the TVL is the real benchmark this strategy has to clear.
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The hires read like an institutional underwriting bench and the budget is the largest Compound's DAO has ever approved, but Aave at 11x the TVL is the real benchmark this strategy has to clear.
The 10-month-old bag — bought before the cycle peak, held through the drawdown, and finally handed to Binance — is the kind of forced selling that turns into a sentiment data point for every DeFi…