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Home > Brand Media News > Compound Finance CEO Steps Down What Does This Mean for New DeFi Entrants

Compound Finance CEO Steps Down – What Does This Mean for New DeFi Entrants?

Updated on: 06 July,2023 08:03 PM IST  |  Mumbai
BrandMedia | [email protected]

Read this story on Inquilab.Com

Robert Leshner has stepped down as CEO of Compound Finance in order to launch Superstate Trust.

Compound Finance CEO Steps Down – What Does This Mean for New DeFi Entrants?

 


While this move could affect the future of DeFi platforms, Compound (COMP) bulls expect further surges in the asset’s price. VC Spectra (SPCT) is also gaining traction as a brand-new decentralized hedge fund that has displayed enormous potential by raising $2.4 million in its seed/private sale.


>>BUY VC SPECTRA TOKENS NOW<<


Can Compound (COMP) Sustain Its Current Momentum?

The founder of Compound Finance, Robert Leshner, has resigned from his position as CEO of the DeFi lending protocol. Leshner recently announced his decision to launch Superstate Trust, a short-term government bond fund that has already raised $4 million in seed money from various DeFi investors. Superstate Trust currently awaits approval from the U.S. Securities and Exchange Commission (SEC).

Meanwhile, Compound Finance’s native token, Compound (COMP), resumes its upward trend despite Leshner’s resignation. Compound (COMP) is currently trading for $64.20; this marks a substantial surge of 22.47% in the value of Compound (COMP) over  the last two days.

Compound’s (COMP) supporters interpret recent massive withdrawals by crypto whales as clear signs that Compound (COMP) will remain on its upward trajectory. Thus, bulls believe that Compound (COMP) could approach the $80 range in the following weeks.

On the other hand, bears are predicting that crypto investors will soon begin to lose interest in DeFi platforms like Compound (COMP).

VC Spectra (SPCT) – Crypto’s Latest Precious Gem

Even in its public presale phase, VC Spectra (SPCT) has attracted significant attention from many crypto analysts and investors. Investors have currently depleted as much as 62.55% of the Stage 1 supply of 125 million SPCT. At the same time, experts claim that VC Spectra (SPCT) has the potential to defeat successful competitors like Compound (COMP) following the official launch.

VC Spectra (SPCT) main strengths are the token’s exceptional real-world utility and ground-breaking features. The platform functions as a decentralized hedge fund that offers the best investment opportunities in current blockchain projects and technology startups.

VC Spectra (SPCT) has adopted a decentralized protocol that gives users complete control over their assets and the opportunity to delve into a wide range of tokens and niche markets. VC Spectra (SPCT) users can diversify their portfolios with the most lucrative options available on the market and actively track the progress of their investments.

VC Spectra (SPCT) uses highly advanced AI trading mechanisms that select the most viable projects with an unrivaled level of precision. Furthermore, the platform’s rigorous risk assessment allows investors to obtain optimal gains while minimizing the risks.

Therefore, VC Spectra (SPCT) empowers even newcomers to gain expertise and identify recurring market trends. The investors’ smart and informed decisions are aptly rewarded with quarterly dividends and buybacks from the profits.

The VC Spectra (SPCT) token has a deflationary mechanism that reduces circulation over time. Holders receive multiple unique benefits, such as exclusive access to discounted pre-ICOs and voting rights for future seed/private sales.

VC Spectra (SPCT) adopters are set to obtain an incredible 37.5% ROI as early as the 2nd stage of VC Spectra’s (SPCT) public presale. The token is still selling for just $0.008, which means that the $0.08 presale target will provide early investors with 10x gains!

On the other hand, the rewards are bound to get substantially higher after the launch. Don’t miss this chance to profit from VC Spectra (SPCT) imminent success!

>>BUY VC SPECTRA TOKENS NOW<<

Learn more about the VC Spectra presale here:

Presale: https://invest.vcspectra.io/login

Website: https://vcspectra.io 

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

 

“Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.”

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