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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	1.99
1	19.94
2	39.89
5	99.72
10	199.45
20	398.90
50	997.24
100	1,994.48
1000	19,944.83

USD	COMP
0.1	0.00501383093
1	0.05013830932
2	0.10027661864
5	0.25069154661
10	0.50138309322
20	1.00
50	2.51
100	5.01
1000	50.14

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COMP to USD Price Chart

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COMP to USD Conversion Table

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