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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	2.04
1	20.35
2	40.70
5	101.76
10	203.51
20	407.02
50	1,017.55
100	2,035.11
1000	20,351.06

USD	COMP
0.1	0.00491374893
1	0.04913748935
2	0.09827497871
5	0.24568744679
10	0.49137489358
20	0.98274978716
50	2.46
100	4.91
1000	49.14

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COMP to USD Price Chart

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COMP to USD Conversion Table

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