Compound (COMP) Live Price and charts Today

Compound III Went Live

Compound III was launched with some new features:

• An entirely redesigned risk management / liquidation engine to increase the safety of funds while simultaneously being more borrower-friendly.
• Market-wide limits on the size of individual collateral assets to limit risk.
• Decoupled earn & borrow interest rate models; governance has full control over economic policy.
• Advanced account management tools, which enable new UX patterns and applications on top of the protocol.
• Chainlink is the exclusive price feed, which is portable to EVM chains beyond Ethereum.
• Governance is simple & easy to manage; the protocol is a monolith, with parameters set through a single Configurator contract.

Compound Community Governance Went live

The administrator of the protocol was replaced by community governance meaning all changes have to come from COMP holders, which at the time were shareholders of Compound Labs, Inc.

Compound V2 Released

Compound launched v2 which supported a number of changes

• Additional assets
• Individual risk models for each asset
• Each asset will now have its own smart contract gateway, customized to the underlying asset

Compound Launched on Ethereum Mainnet