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Compound (COMP)

$452.76USD
1.00000000 COMP
(-6.19 %)
Coin
Market Cap
$ 2,285,120,000
Volume 24h
$ 200,834,000
Circulating Supply
5,045,860
Total Supply
10,000,000
Compound Chart
Description 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.

Compound Price $452.76
Market Cap $ 2,285,120,000
Volume 24h $ 200,834,000
Circulating Supply 5,045,860
Total Supply 10,000,000
24h Change -6.19 %