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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	1.85
1	18.48
2	36.97
5	92.42
10	184.85
20	369.69
50	924.23
100	1,848.46
1000	18,484.63

USD	COMP
0.1	0.00540989967
1	0.05409899670
2	0.10819799340
5	0.27049498350
10	0.54098996701
20	1.08
50	2.70
100	5.41
1000	54.10

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COMP to USD Price Chart

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COMP to USD Conversion Table

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