ADVERTISEMENT
Advertise with BNC

$49.95

3.56% (24H)
  • Market Cap $342,159,842.00
  • Volume $49,196,224.00
  • Available Supply 6,856,086 COMP

Loading Data
Please wait, we are loading chart data
Date Price Volume MarketCap

Compound current price is $49.95 with a marketcap of $342,159,842.00. Its price is 3.56% up in last 24 hours.

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.
ADVERTISEMENT
Advertise with BNC