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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

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COMP	USD
0.1	1.86
1	18.62
2	37.24
5	93.10
10	186.20
20	372.40
50	931.00
100	1,861.99
1000	18,619.94

USD	COMP
0.1	0.00537058566
1	0.05370585661
2	0.10741171322
5	0.26852928305
10	0.53705856611
20	1.07
50	2.69
100	5.37
1000	53.71

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COMP to USD Price Chart

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COMP to USD Conversion Table

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