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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	1.87
1	18.70
2	37.39
5	93.48
10	186.97
20	373.93
50	934.83
100	1,869.65
1000	18,696.51

USD	COMP
0.1	0.00534859092
1	0.05348590924
2	0.10697181849
5	0.26742954622
10	0.53485909245
20	1.07
50	2.67
100	5.35
1000	53.49

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COMP to USD Price Chart

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COMP to USD Conversion Table

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