TechFlow reports that decentralized finance company Compound Labs has launched the Encumber mechanism, which allows users to separate token ownership from transfer rights.
When a token owner encumbers their tokens to another account, they grant that account exclusive rights to transfer the tokens while retaining ownership.
By using Encumber, token holders can maintain secondary ownership benefits such as airdrops, governance rights, or access to content and events, while still participating in DeFi.
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