
The Motley Fool Investing Philosophy: We generally recommend investors buy shares of at least 25 stocks and hold them for at least 5 years. Learn More
| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| COMP | -19.61% | -63.09% | -18.07% | -58% |
| S&P | +19.61% | +98.99% | +14.75% | +123% |
COMP is the governance token of the Compound protocol, enabling users to participate in the decision-making process of the platform. Its uses include voting on proposals, earning rewards, and facilitating the decentralised management of the protocol. Launched in 2020 by Compound Labs, COMP plays a crucial role in shaping the protocol’s future through community-driven governance.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.