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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	4.35
1	43.52
2	87.03
5	217.58
10	435.15
20	870.30
50	2,175.75
100	4,351.51
1000	43,515.06

USD	COMP
0.1	0.00229805519
1	0.02298055194
2	0.04596110388
5	0.11490275970
10	0.22980551941
20	0.45961103882
50	1.15
100	2.30
1000	22.98

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COMP to USD Price Chart

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COMP to USD Conversion Table

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