- DeFi researcher Ignas has inquired about Compound Finance’s proposed blockchain.
- The analyst recalled an announcement of a Substrate-built Compound chain in 2021.
- According to Ignas, there is a non-zero possibility that Uniswap will launch its chain.
Ignas, a renowned DeFi researcher, inquired about Compound Finance’s proposed blockchain. Ignas recalled Compound Finance’s announcement of their Substrate-built Compound chain in 2021.
Compound finance announced they were building its own chain back in 2021Wonder what happened to it? https://t.co/hB7nJkyrpT
— Ignas | DeFi Research (@DefiIgnas) July 20, 2023
Ignas’s recent inquiry includes a screenshot of a now-deleted Medium post where Compound Finance outlined the plans and possibilities of the planned blockchain project. The project appears to have become abandoned, as the Medium post has since been deleted. Ignas recalled the tweet after tweeting recently about the possibility of Uniswap launching its chain.
According to Ignas, there is a non-zero possibility that Uniswap will launch its chain, probably as a Layer 2 blockchain. He thinks that doing so would give the Uniswap native token, UNI, more ut…
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The post DeFi Researcher Inquires About the Proposed Compound Chain appeared first on Coin Edition.