Scholarship made easy! Science popularization platform "Coinbase Earn" adds KNC and COMP tokens.

"Coinbase Earn" is a learning platform launched by the U.S. exchange Coinbase to promote blockchain knowledge. In early June, it added two new projects to its "learn and earn" program, featuring the outstanding DeFi tokens Comp and KNC.

Previously reported, "Coinbase Earn" was officially launched in December 2018. Coinbase aims to provide users with a simple and engaging way to gain further understanding of various cryptocurrencies.

As of now, "Coinbase Earn" has listed ten cryptocurrencies and plans to expand its educational content in the future, offering users more opportunities to earn cryptocurrencies.

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Compound (COMP)

"Coinbase Earn" listed the governance token COMP on June 26th, but at that time, users could only join a waitlist and were not able to earn tokens. After a month, it has officially opened, and users can earn approximately $3 worth of COMP for each completed task.

The decentralized lending platform Compound can be said to be the pioneer of DeFi liquidity mining. After launching its governance token issuance in mid-June, the total value locked in DeFi surged from $1.1 billion to approximately $3.6 billion at the time of writing.

Although subsequent DeFi projects like Balancer, stablecoin trading protocol Curve, and the recent popular yEarn have taken some of Compound's spotlight, its platform still has a locked value of $780 million, ranking second only to Maker's $1.01 billion.

Kyber Network (KNC)

Although there was no official announcement of KNC being listed on "Coinbase Earn," Kyber Network announced this news on their official Twitter. However, "Earn" is not yet available and users can only join a waitlist.

Kyber was launched in September 2017 and is currently the second most used DApp in the DEX category. It is an on-chain liquidity protocol that allows token holders to act as reserves and provide liquidity to the trading network.

In fact, decentralized exchanges (DEX) have not made significant progress in the past, but with the growth of the DeFi trend last year, projects like Uniswap and Kyber played crucial roles in the token swap process. Kyber has also released a series of positive developments, including the protocol upgrade Katalyst and the establishment of the decentralized governance organization KyberDAO.

Currently, "Coinbase Earn" has ended distributions for many projects, but there are still token allocations available for Orchid (OXT), Stellar (XLM), EOS, as well as KNC and COMP mentioned in this article.