What is Compro?

Compro is a derivatives liquidity protocol on Ethereum. It enables the creation of synthetic assets (Synths) by staking COPR, and these Synths can be traded for each other directly with the Compro smart contracts on dApps such as Kwenta.

Why stake COPR?

COPR stakers receive two kinds of rewards. Firstly, they receive COPR staking rewards, which are created through the inflationary monetary policy. Secondly, there’s Synth exchange rewards, which are denominated in cUSD and generated by all peer-to-contract Synth trades.

What are the risks?

All COPR stakers create a ‘debt’ when they stake. Their debt begins as the amount of cUSD they initially mint, and fluctuates according to gains or losses made by other Synth holders. Any time anyone holds a Synth that appreciates in value, that gain is distributed proportionally between all the staked COPR holders’ debts. A staker must pay off their debt before they can unlock their staked COPR.