Governance & COMP
Compound is governed entirely on-chain by COMP token holders. Anyone with enough COMP can propose changes to the protocol — interest rate models, collateral factors, new markets — and the community votes. Successful proposals execute automatically through a timelock.
🗳️ Proposal Lifecycle — Click Each Stage
Propose
Block N
→
Review
~2 days
→
Voting
~3 days
→
Timelock
2 days
→
Execute
Anyone
💡 Propose
A COMP holder with ≥25,000 COMP (or delegated votes) submits a proposal containing executable code — contract calls that will run if the proposal passes. The proposal includes a description and a list of target addresses, values, signatures, and calldata.
📊 Simulate a Vote
Quorum (400k)
✅ Met
For
71.4%
Against
28.6%
Result
✅ Passes
🔑 Key Governance Parameters
Proposal Threshold
25,000 COMP
Min votes to create a proposal
Quorum
400,000 COMP
Min "For" votes to pass
Voting Period
~3 days
19,710 blocks on Ethereum
Timelock Delay
2 days
Safety buffer before execution
Total Supply
10M COMP
Fixed supply, no inflation
Delegation
Required
Must delegate to self or others to vote