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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	4.63
1	46.27
2	92.53
5	231.33
10	462.66
20	925.33
50	2,313.32
100	4,626.65
1000	46,266.48

USD	COMP
0.1	0.00216139220
1	0.02161392205
2	0.04322784411
5	0.10806961028
10	0.21613922056
20	0.43227844113
50	1.08
100	2.16
1000	21.61

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COMP to USD Price Chart

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COMP to USD Conversion Table

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