Learning About Compound Treasury
summary
Compound Treasury converts wired USD into USDC, supplies it to Compound, and guarantees 4% APR for one year to US‑based accredited institutions (minimum ~$5M net assets), with daily liquidity and wire funding/withdrawals. Back end uses Fireblocks custody and Coinbase for conversion, KYC/ accredited investor checks, and supplies into the Compound protocol where billions of USDC liquidity powers variable yields. Risks flagged are custodial, counterparty and smart‑contract code risk; mitigations include custody controls, audits and active community monitoring.
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