Engineered Finance is a decentralized finance (DeFi) protocol that operates as a fork of the well-known Compound protocol. Launched on the Cronos blockchain, it enables users to earn interest on a variety of digital assets by supplying them to liquidity pools. Conversely, users can also borrow assets by providing collateral. The protocol's mission is to create a more open and accessible financial system, allowing for permissionless lending and borrowing without traditional intermediaries. It functions as a community-governed project, typical of many DeFi applications.

Founded in

United States