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Compound (COMP)

Compound (COMP)

Price
$44.50 (0.33 %)
฿0.00070932 (0.12 %)
Market cap
$390 879 014
฿6 230.30
Volume (24h)
$35 592 644
฿567.33
Supply
10 000 000 (Max)
8 785 458 (Available)

Manage the events related to Compound

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.
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