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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	4.03
1	40.33
2	80.66
5	201.65
10	403.29
20	806.59
50	2,016.46
100	4,032.93
1000	40,329.25

USD	COMP
0.1	0.00247958962
1	0.02479589628
2	0.04959179257
5	0.12397948144
10	0.24795896289
20	0.49591792579
50	1.24
100	2.48
1000	24.80

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COMP to USD Price Chart

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COMP to USD Conversion Table

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