compound-governance-token Compound (COMP)

$390.82
1.12% (24H)
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Market CapVolumeAvailable Supply
$2.12 B$129.64 M5.40 M COMP

Compound current price is $390.82 with a marketcap of $2.12 B. Its price is 1.12% up in last 24 hours.

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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10 Compound (COMP)
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3,908.20USD

DatePriceVolumeMarketCap
# ExchangePairPriceVolume (24h)Updated

Proposal 054 by @polychaincap, @getty_hill and @yesimeddy adds $AAVE $YFI $SUSHI as supported assets with the following parameters:

Collateral Factor: 0%
Reserve Factor: 25%
Borrowing Cap: 60k AAVE, 1500 YFI

Discussion: https://comp.xyz/t/add-markets-mkr-aave-sushi-yfi/1977
Proposal: https://compound.finance/governance/proposals/54

Tomorrow's @compoundfinance Developer Community Call will feature @getty_hill on new asset listings, @tylerether on isolated market oracles, @Arr00c on whitelisting governance addresses, @backdfund on reactive liquidity, and more!

https://www.comp.xyz/t/compound-developer-community-call-july-28-9-30am-pt/2044

Proposal 053 by @MonetSupply, @getty_hill and Eddy Lee adds $MKR as a supported asset with the following parameters:

Collateral Factor: 0%
Reserve Factor: 25%
Borrowing Cap: 25k MKR

Voting begins in 2 days.

Discussion: https://www.comp.xyz/t/add-markets-mkr-aave-sushi-yfi/1977
Proposal: https://compound.finance/governance/proposals/53

Proposal 052 by @polychaincap lowers the governance proposal threshold from 100,000 $COMP to 65,000, which reduces the difficulty to create new governance proposals.

Voting begins in 2 days.

Discussion: https://www.comp.xyz/t/lower-proposal-threshold/1659
Proposal: https://compound.finance/governance/proposals/52

Proposal 051 by @compoundfinance creates a streaming COMP grant to @getty_hill as a Compound protocol price feed coordinator.

Voting begins in ~2 days.

Discussion: https://www.comp.xyz/t/oracle-contributor/1887
Proposal: https://compound.finance/governance/proposals/51

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