Compound
(COMP)
The Compound Governance Token is a governance token on the Compound Finance lending protocol, COMP allows the owner to delegate voting rights to the address of their choice; the owner’s wallet, another user, an application, or a DeFi expert. Anybody can participate in Compound governance by receiving delegation, without needing to own COMP.
Anybody with 1% of COMP delegated to their address can propose a governance action; these are simple or complex sets of actions, such as adding support for a new asset, changing an asset’s collateral factor, changing a market’s interest rate model, or changing any other parameter or variable of the protocol that the current administrator can modify.
Anybody with 1% of COMP delegated to their address can propose a governance action; these are simple or complex sets of actions, such as adding support for a new asset, changing an asset’s collateral factor, changing a market’s interest rate model, or changing any other parameter or variable of the protocol that the current administrator can modify.
Compound Price | $65.71 |
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Market Cap Rank | Rank #121 |
Market Cap | $450,027,046 |
24h High | $68.22 |
24h Low | $58.32 |
Circulating Supply | 6,856,086 |
Total Supply | 10,000,000 |
Max Supply | 10,000,000 |
Trading Volume | $159,634,098 |
All-Time High | $910.54 |
Compound/Bitcoin Ratio | 1.00 BTC = 541.00 COMP |
Last Update | 2022-08-11 05:00:59 |