Compound

Token COMP

The Compound governance token, COMP for short, is a standard ERC-20 asset. It allows the owner to delegate voting rights to an address they choose. It can be the owner’s wallet,an app, another user, or even a DeFi expert.

COMP details

COMP empowers the community governance of the Compound protocol. Its token-holders can propose and debate, and finally vote on all changes that can potentially be made to the protocol.