Decentralized lending platform Compound Governance token has been issued and is currently quoted at Uniswap 0.3604 ETH

BlockBeats, June 16 -- Early this morning, all users began receiving the governance token COMP, according to a Compound official on a decentralized lending platform. It is understood that the decentralized trading platform Uniswap has now launched the COMP/ETH trading pair. As of press time, COMP was trading at 0.3604 ETH, with 719 transactions and more than $1.1 million in 24-hour trading.

As Tempo BlockBeats previously reported, the new COMP will reward protocol users on a daily basis based on usage. Borrowers and lenders will be rewarded for each asset, and the new COMPs will be distributed in each block, providing approximately 2,880 COMPs a day for four years to users of the agreement. Half of the daily COMP goes to asset suppliers and the other half to borrowers. The most active assets also receive the most COMPs per day, so the allocation changes as the market changes. Subsequent daily assignments can be clickedThe web siteView)

Read on: NBSP;A Summary of the COMP Allocation Plan for Decentralized Loan Agreement Compound Governance

The original link: https://twitter.com/compoundfinance/status/1272618778140872704

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