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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	3.38
1	33.80
2	67.60
5	168.99
10	337.98
20	675.95
50	1,689.88
100	3,379.76
1000	33,797.56

USD	COMP
0.1	0.00295879380
1	0.02958793809
2	0.05917587619
5	0.14793969047
10	0.29587938095
20	0.59175876190
50	1.48
100	2.96
1000	29.59

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COMP to USD Price Chart

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COMP to USD Conversion Table

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