Compound DAO dao
Overview
Compound DAO functions as the decentralized governance mechanism for the Compound protocol, which facilitates lending and borrowing on Ethereum. Holders of COMP tokens can submit and vote on proposals regarding adjustments to protocol parameters, updates to smart contracts, and administration of the treasury. Approved proposals are implemented via a timelock contract following a specified delay.
Within The Counterparty graph, Compound DAO connects to 3 tracked entities, most strongly to Compound V3, Robert Leshner, COMP.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
governs | Compound V3 | 95% |
affiliated_with | Robert Leshner | 95% |
supports_token | COMP | 95% |
Frequently asked questions
What is Compound DAO?
Compound DAO is a lending tracked in The Counterparty knowledge graph. It is connected to 3 other tracked entities, most strongly to Compound V3, Robert Leshner, COMP.
What type of entity is Compound DAO?
Compound DAO is classified as a lending (dao) in The Counterparty knowledge graph.
What is Compound DAO connected to?
In The Counterparty knowledge graph, Compound DAO is linked to 3 other tracked entities, most strongly to Compound V3, Robert Leshner, COMP.