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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	2.90
1	29.04
2	58.08
5	145.21
10	290.41
20	580.82
50	1,452.06
100	2,904.12
1000	29,041.16

USD	COMP
0.1	0.00344338817
1	0.03443388174
2	0.06886776348
5	0.17216940872
10	0.34433881744
20	0.68867763488
50	1.72
100	3.44
1000	34.43

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COMP to USD Price Chart

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COMP to USD Conversion Table

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