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DigitalFinances

CompoundCOMP

$23.42
0.00% (24h)
Points in range
25
First close
$17.40
Latest close
$23.42

About 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.

Decentralized Finance (DeFi)Yield FarmingBNB Chain EcosystemLending/Borrowing ProtocolsAvalanche EcosystemPolygon EcosystemNear Protocol EcosystemHarmony EcosystemArbitrum EcosystemEthereum EcosystemBase EcosystemParadigm PortfolioIndex Coop Defi IndexEnergi EcosystemSora EcosystemPolychain Capital PortfolioMade in USAGovernanceBase Native
Website
compound.finance
Whitepaper
Read
Explorer
etherscan.io/token/0xc00e94cb662c3520282e6f5717214004a7f26888
GitHub
compound-finance/compound-protocol