COMP is the governance token for Compound, a major DeFi initiative that enables users to borrow and lend crypto tokens. Users lock tokens to make different assets available for other users, and are paid for providing liquidity. Borrowers have to pay to borrow tokens against collateral assets they have locked. The fees paid by borrowers, and the rewards paid to lenders, are set by supply and demand for different assets.
What is Compound?
0.001383 Compound = 1 Australian Dollar (AUD)
|COMP [Compound]||AUD [Australian Dollar]|
|0.01 Compound||=||7.2309 Australian Dollar|
|0.1 Compound||=||72.3087 Australian Dollar|
|1 Compound||=||723.0865 Australian Dollar|
|2 Compound||=||1446.1730 Australian Dollar|
|3 Compound||=||2169.2595 Australian Dollar|
|5 Compound||=||3615.4326 Australian Dollar|
|10 Compound||=||7230.8651 Australian Dollar|
|20 Compound||=||14461.7303 Australian Dollar|
|50 Compound||=||36154.3256 Australian Dollar|
|100 Compound||=||72308.6513 Australian Dollar|
|1000 Compound||=||723086.5125 Australian Dollar|