Complete the issuance price and total issuance of COMP coins in one article

Compound's COMP governance token was initially issued for approximately $170.87 on June 15, 2020, with a total capped issuance of 10 million tokens.

Oct 02, 2024 at 02:47 pm

COMP Coin Issuance: Total and Price1. Issuance Price

Compound's COMP governance token was initially issued at a price of approximately $170.87 on June 15, 2020.

2. Total Issuance

The total issuance of COMP is capped at 10,000,000 tokens, as specified in the Compound protocol's code.

Conclusion

At the time of its initial issuance, COMP had a total value of approximately $1.7 billion. The coin's value has since fluctuated significantly due to market conditions and investor demand.

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