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.
Compound Price $341.58
Market Cap Rank Rank #67
Market Cap $1,948,182,224
24h High $371.94
24h Low $334.02
Circulating Supply 5,711,166
Total Supply 10,000,000
Max Supply 10,000,000
Trading Volume $126,771,997
All-Time High $910.54
Compound/Bitcoin Ratio 1.00 BTC = 116.06 COMP
Last Update 2021-09-28 07:13:57