Compound COMP token released to push governance agenda

Compound COMP token has just gone live in a bid to promote its decentralized governance efforts, especially for the platform’s non-custodial lending protocol. The new token was announced in a detailed blog post on 26th February. Named COMP, the Compound governance token will give freedom to its owners to contribute freely to the suggested changes related to Compound without any need to involve the core team. By giving more freedom to the users, Compound COMP token has shown its commitment to the DeFi principles. Compound chief executive officer Robert Leshner stated that the token’s primary aim is not to raise