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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	2.18
1	21.79
2	43.58
5	108.95
10	217.89
20	435.78
50	1,089.45
100	2,178.91
1000	21,789.09

USD	COMP
0.1	0.00458945236
1	0.04589452363
2	0.09178904727
5	0.22947261818
10	0.45894523637
20	0.91789047275
50	2.29
100	4.59
1000	45.89

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COMP to USD Price Chart

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COMP to USD Conversion Table

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