CompoundCompound (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.

Key Indicators

Market Cap Rank:

#112

Market Cap

$312,301,742

24H Volume:

$91,136,715

24H High/Low:

$50/$45

Price:

$45.63

-7.00%

Price

(Last 30 days)

Total Volume

(Last 30 days)

Market Cap

(Last 30 days)

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