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ABOUT Compound
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.
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CRYPTO INFO
Ethereum Holders: 207939
Binance Holders: 13383
Polygon Holders: 4255
Avalanche Holders: 74
Arbitrum Holders: 2118
FD Market Cap: $560.87 Mil
Avail Supply: 10000000
Total Supply: 10000000
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EXCHANGE PRICES
Binance: $56.11 Coinbase: $56.03 Kraken: $56.4933 Chainlink: $56.110534
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ICYMI: #Bitcoin rally made altcoins explode in price action, with $COMP and $HNT spiking 35%