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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	5.60
1	56.03
2	112.06
5	280.16
10	560.32
20	1,120.64
50	2,801.59
100	5,603.18
1000	56,031.82

USD	COMP
0.1	0.00178470011
1	0.01784700113
2	0.03569400227
5	0.08923500568
10	0.17847001137
20	0.35694002275
50	0.89235005689
100	1.78
1000	17.85

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COMP to USD Price Chart

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COMP to USD Conversion Table

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