Percent Finance is a community-owned fork of Compound, which uses Chainlink as its price oracle. These two key differences meant that Percent could innovate quickly, and carve its own path, while of course standing on the shoulders of the above two giants. Percent already succeeded in adding 15 tokens to its money market, all securely using Chainlink prices, and there are plans for more. Percent community members also did research into interest rate models, with the results of these labours being a plan to use 6 different models across its 15 current assets.

Taking a step back, Percent Finance was…

PercentFinance

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store