Kryptopriser -cCOMP
ccomp
cCOMP
NOK 19.81
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24t: -7d: 0.00%30d: 0.00%1y: 0.00%
NOK 19.81
Compound (COMP) is an ERC-20 token that governs the Compound protocol, a decentralized finance (DeFi) lending platform. It allows users to earn interest on their cryptocurrencies by supplying them to liquidity pools or borrow assets by providing collateral.
COMP token holders have the ability to propose, debate, and vote on changes to the Compound protocol. This includes parameters such as interest rates, collateral requirements, and supported assets. The more COMP a user holds, the greater their voting power.
The COMP token is central to the Compound ecosystem, enabling its decentralized governance model. It incentivizes participation in the protocol's development and ensures that the platform remains adaptable and responsive to its community's needs.