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crab notes 🦀 lobsterdao crab notes 🦀 lobsterdao @crab_notes · 8.04K subscribers
Post #784 1.69K
Compound token 🦄 COMP

In that spirit, Compound is launching the testnet of its experimental governance platform today, complete with a trial version of its COMP governance token.

One of the largest DeFi platforms makes its own token. Acquired a user base, and now giving governance and hopefully dividends to token holders. What DAOs are supposed to be, but with a better approach?

https://www.coindesk.com/compound-extends-defi-ethos-to-itself-launches-governance-token
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