Compound
COMPSummary · 1dWait— no screen sets a side here — the Score describes the state and never picks one, so only the levels to watch.
Score −18 · closed bar
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Overview
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About Compound
Compound (COMP) is ranked #168 by market capitalisation, at $202.1M. Circulating supply: 10M COMP, out of a maximum supply of 10M. The price is 97.6% below its all-time high of $854.45, set on May 11, 2021. Categories: Decentralized Finance (DeFi), Yield Farming, BNB Chain Ecosystem, Lending/Borrowing Protocols.
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.
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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.
Project description: CoinGecko (in English).