compound rate

getCompoundRate.js

const COMPOUND_RATE_API =
  'https://api.compound.finance/api/v2/ctoken?addresses[]=0x5d3a536e4d6dbd6114cc1ead35777bab948e3643';

export const getCompoundRate = async () => {
  try {
    const res = await axios.get(COMPOUND_RATE_API);
    const rate = res.data.cToken[0].supply_rate.value;
    return { rate, formattedRate: Math.round(rate * 10000) / 100 };
  } catch (error) {
    return getErrorResponse(error, 'getCompoundRate');
  }
};