Compound news
Compound (COMP) is the governance token of decentralized cryptocurrency lender Compound.
The ERC-20 asset was first introduced back in February to hand power from the company to the users of the protocol.
Initially, only some of the Compound’s stakeholders were able to get their hands on the token, but they earlier voted to distribute it to all users.
The distribution of the token began on June 15 after the completion of its testnet trial.
After being listed on Coinbase on June 18, the token witnessed a massive 150 percent price rally from its initial trading price of roughly $62.
The maximum number of tokens that will ever be in circulation is restricted to 10 million.
Alex Dovbnya
Advertisement
Advertisement
Advertisement
Nov 11, 2024 - 20:30
MicroStrategy (MSTR) Reaches New Record High After 24 Years as Bitcoin (BTC) Hits $87K
Nov 8, 2024 - 19:40
Bitcoin Rockets to $77K as MicroStrategy's Saylor Makes Stunning Prediction
Nov 6, 2024 - 13:26
'Banana Time': Here's What Not to Do Now, According to Raoul Pal
Gamza Khanzadaev
Nov 3, 2024 - 9:17
Bitcoin (BTC) Plunges to $67K as Ethereum (ETH) Approaches Key Support
Oct 31, 2024 - 15:17
Bull Run in 2025? Ex-Binance Boss CZ May Have Just Hinted at It
Advertisement
Advertisement
Recommended articles
Reviews
Nov 21, 2024 - 8:47
Algorix (ALOR) Offers Comprehensive AI and OR Tools for Traders: Review
Vladislav SopovReviews
Nov 20, 2024 - 15:06
NOW Wallet Makes Crypto and DeFi Accessible for Newcomers: Review
Dan BurginLatest Press Releases
Our social media
There's a lot to see there, too
