#88. Compound (COMP)
Price of 1 Compound (COMP) = $75.41 AUD
Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform. Compound (COMP) is an ERC-20 asset that empowers community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on all changes to the protocol. By placing COMP directly into the hands of users and applications, an increasingly large ecosystem will be able to upgrade the protocol, and will be incentivized to collectively steward the protocol into the future with good governance. Compound Coin was born out of the death of UKC coin. The original developers of Compound coin offered fair 1-1 swap of UKC coin to COMP coin. This enabled those with coins of now no value to swap them for a new and working coin.
COMP Price Analysis
The price of COMP has gone down -1.92% in the past 24 hours.
Compound (COMP) is a cryptocurrency token and operates on the Ethereum platform. Compound has a current supply of 10,000,000 with 2,561,279 in circulation. The last known price of Compound is $145.66 USD and is up 10.40% over the last 24 hours. It is currently trading on 145 active market(s) with $108,553,414.494 traded over the last 24 hours. More information can be found at https://compound.finance/governance/comp.
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