sCOMP (SCOMP)
Details about sCOMP cryptocurrency
sCOMP
scomp
Unknown for now
€1,336
8
0
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sCOMP, the crypto
sCOMP (SCOMP) is a governance token for the decentralized finance (DeFi) protocol, Compound. It is an ERC-20 token on the Ethereum blockchain that allows holders to vote on changes to the protocol, including which assets can be borrowed and lent and the interest rates for each asset.
The point
The main point of sCOMP (SCOMP) is to give its holders a say in the governance of the Compound protocol. This allows for a more decentralized and community-driven approach to managing the protocol, rather than being controlled solely by the developers. Additionally, holders of sCOMP (SCOMP) can earn rewards for participating in governance by receiving a portion of the fees generated by the protocol.
The problem
sCOMP (SCOMP) aims to solve the problem of centralization in decentralized finance by allowing the community to have a say in the governance of the Compound protocol. This helps to ensure that decisions are made in a transparent and fair manner, promoting a more democratic and inclusive DeFi ecosystem.
Compare SCOMP and BTC performance
Timeframe | SCOMP | BTC |
---|---|---|
1h change | 0 % | -0.158584 % |
24h change | 0 % | 3.27017 % |
7 day change | 0 % | 9.29633 % |
14 day change | 0 % | 2.30959 % |
30 day change | 0 % | 24.6099 % |
200 day change | 0 % | 173.296 % |
Year change | 0 % | 160.06 % |