Compounder Finance DeFi project allegedly pulls the rug from under investors, $11 million stolen

An exit scam allegedly performed by Compounder Finance DeFi developers has left investors $11 million out of pocket. 

Compounder Finance called itself a “smarter farming” platform and a Harvest/Yearn Finance clone, as first reported by CoinDesk

At the time of writing, the project’s website, Twitter, Medium, and Discord pages appear to have been deleted. 

According to a cached version of a Medium blog post describing the project, dated November 8, Compounder Finance claimed to be an automated farming system offering compound interest on digital assets while also earning native CP3R tokens as a “reward.”

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