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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	3.97
1	39.73
2	79.47
5	198.67
10	397.34
20	794.68
50	1,986.69
100	3,973.38
1000	39,733.84

USD	COMP
0.1	0.00251674627
1	0.02516746272
2	0.05033492545
5	0.12583731364
10	0.25167462729
20	0.50334925459
50	1.26
100	2.52
1000	25.17

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COMP to USD Price Chart

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COMP to USD Conversion Table

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