COMP to GBP Converter
How much British Pound Sterling ( GBP) is 1 Compound ( COMP)?
Compound
COMP
British Pound Sterling
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Refresh How does it work?
The Morpher currency calculator allows you to convert a currency from Compound (COMP)
to British Pound Sterling (GBP) in just a few clicks at live exchange rates.
Simply enter the amount of Compound you wish to convert to GBP and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 COMP, 5 COMP, 10 COMP, 50 COMP etc.
Quick facts about Compound
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. 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.
Anybody can participate in Compound governance by receiving delegation, without needing to own COMP. 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.
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