Compound
COMP
Crypto
Governance
USD 24.78-4.39%
Compound
UMushroom community rating:
About
Governance
Categoryn/a
Consensus MechanismL2
L1/L2n/a
Sub-cateegoryethereum
Ecosystem2020
Year of creation
Description
Compound (COMP) is a Governance crypto token. Compound was founded on 2020-06-16 on the ETHEREUM ecosystem. More information can be found at https://compound.finance/.
Key Technical Advantages:
EVM Compatibility and Base Asset: Compound III is an EVM compatible protocol that allows users to supply crypto assets as collateral to borrow a base asset, in this case, USDC. The protocol also allows accounts to earn interest by supplying the base asset to the protocol. The initial deployment of Compound III is on the Ethereum network. Contract Addresses: Compound III's contract addresses on the Ethereum Mainnet are all listed, which include addresses for cUSDCv3, cUSDCv3 Implementation, cUSDCv3 Ext, Configurator, Configurator Implementation, Proxy Admin, Comet Factory, Rewards, Bulker, USDC, COMP, WBTC, WETH, UNI, and LINK. Protocol Contracts: Each contract plays a different role in the protocol. For instance, the cUSDCv3 contract is the main contract for interacting with the market, the Configurator contract sets and updates parameters of a Comet proxy contract, the Comet Factory contract can produce instances of the Comet implementation/logic contract, and the Rewards contract allows users to claim rewards according to the core protocol tracking indices. Developer Resources: Compound III provides a wealth of resources for developers, including the Compound III Developer FAQ, Scenarios, Migrations, and Workflows, guides for creating a Compound III Liquidator and building a Comet Extension. Security and Audits: The security of the Compound protocol is a high priority, and the protocol has been reviewed and audited by both OpenZeppelin and ChainSecurity. Contract code and balances are publicly verifiable, and there is a bug bounty program for reporting undiscovered vulnerabilities. Content summarized by AI chatbotSource:
Key figures
-36.9%1Y
-38.4%3Y
-94.8%5Y
Performance
25/ 241D
27/ 161M
61/ 151Y
Highs/ Lows
13.09.2022
USD 854.45
All Time High
2.90%
% of All Time High
-98.22%All Time
-75.17%1 year
Max drawdown
#124
Ranking by Market Cap
254.67 M
Market cap (USD)
0.00%
% of Market
14.604 B
Category Market Cap (USD)
1.74%
% of Category
10000000
Circulating Supply
9967117
Liquid Supply
99.67%
Liquid/ Circulating Supply
N/A
Not Available Currently
Max Supply
N/A
Not Available Currently
Circulating/ Max Supply
76784442
Volume Traded
41.60%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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