Compound started distribution of COMP Token to all Users

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Hey, folks, 

 

Just a little post to inform you that COMPOUND started distribution of COMP Token governance to all users on the 15th June.

 

After being tested on Kovan Testnet, the proposal to begin the distribution to all users was set.

After being adopted 13th June, compound protocol add the feature after 2 days.

 

So distribution started on the 15th June, and all users started to earn COMP token as Robert Leshner explained it on that link (https://medium.com/compound-finance/expanding-compound-governance-ce13fcd4fe36).

You can see in real time how distribution work, and a COMP distribution page was added.

 

I have started to earn some COMP (about 0,0024 in a day), but collecting is expensive at that moment (almost 0,05 ETH to collect...)

 

I think it's a really important development and it will inspire some others DAO creators.

 

Let me know your thoughs about it, and I will add some development about COMPOUND Protocol in a near future.

 

To conclude, it appears that Coinbase is on starting block to add the COMP Token to the exchange.

 

Stay tuned 

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