Compound
Buy / Sell Compound Governance Token
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Compound (COMP)
- Live Price $58.02
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24h %
-0.02%
- Market Cap $397.44 M
- Volume $32.16 M
- ATH $910.54
- ATH(% Change) -93.63%
- ATH Date 2021-05-12
- High 24H $58.70
- Low 24H $56.50
- Available Supply 6.86 M COMP
- Rank 196
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Coin Infomation
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.
Historical Data
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