• bitcoinBitcoin (BTC) $ 109,244.00
  • ethereumEthereum (ETH) $ 2,656.49
  • tetherTether (USDT) $ 0.999994
  • xrpXRP (XRP) $ 2.37
  • bnbBNB (BNB) $ 661.54
  • solanaSolana (SOL) $ 153.93
  • usd-coinUSDC (USDC) $ 0.999852
  • tronTRON (TRX) $ 0.287899
  • dogecoinDogecoin (DOGE) $ 0.173135
  • staked-etherLido Staked Ether (STETH) $ 2,655.61
  • cardanoCardano (ADA) $ 0.610661
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 109,214.00
  • hyperliquidHyperliquid (HYPE) $ 39.18
  • wrapped-stethWrapped stETH (WSTETH) $ 3,205.49
  • suiSui (SUI) $ 2.95
  • bitcoin-cashBitcoin Cash (BCH) $ 509.75
  • chainlinkChainlink (LINK) $ 14.07
  • stellarStellar (XLM) $ 0.289082
  • leo-tokenLEO Token (LEO) $ 9.02
  • avalanche-2Avalanche (AVAX) $ 18.57
  • usdsUSDS (USDS) $ 0.999717
  • hedera-hashgraphHedera (HBAR) $ 0.168677
  • wrapped-eethWrapped eETH (WEETH) $ 2,847.20
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • the-open-networkToncoin (TON) $ 2.82
  • wethWETH (WETH) $ 2,656.96
  • litecoinLitecoin (LTC) $ 88.69
  • whitebitWhiteBIT Coin (WBT) $ 45.96
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 319.58
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 109,207.00
  • polkadotPolkadot (DOT) $ 3.54
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.36
  • uniswapUniswap (UNI) $ 8.20
  • aaveAave (AAVE) $ 299.50
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.464005
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 327.93
  • crypto-com-chainCronos (CRO) $ 0.096310
  • aptosAptos (APT) $ 4.53
  • okbOKB (OKB) $ 48.54
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • nearNEAR Protocol (NEAR) $ 2.27
  • jito-staked-solJito Staked SOL (JITOSOL) $ 186.75
  • internet-computerInternet Computer (ICP) $ 4.95
  • ethereum-classicEthereum Classic (ETC) $ 17.19
  • ondo-financeOndo (ONDO) $ 0.818371
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.078850
  • mantleMantle (MNT) $ 0.588376
  • cosmosCosmos Hub (ATOM) $ 4.21
  • fasttokenFasttoken (FTN) $ 4.44
  • gatechain-tokenGate (GT) $ 15.78
  • vechainVeChain (VET) $ 0.021612
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.201089
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.678930
  • official-trumpOfficial Trump (TRUMP) $ 8.78
  • ethenaEthena (ENA) $ 0.270163
  • skySky (SKY) $ 0.080344
  • render-tokenRender (RENDER) $ 3.26
  • arbitrumArbitrum (ARB) $ 0.340901
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 109,075.00
  • bonkBonk (BONK) $ 0.000021
  • algorandAlgorand (ALGO) $ 0.187077
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,655.77
  • filecoinFilecoin (FIL) $ 2.36
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.55
  • worldcoin-wldWorldcoin (WLD) $ 0.875734
  • sei-networkSei (SEI) $ 0.264352
  • usdtbUSDtb (USDTB) $ 0.999848
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998212
  • binance-staked-solBinance Staked SOL (BNSOL) $ 162.76
  • kucoin-sharesKuCoin (KCS) $ 11.11
  • usdt0USDT0 (USDT0) $ 0.999305
  • jupiter-exchange-solanaJupiter (JUP) $ 0.441708
  • spx6900SPX6900 (SPX) $ 1.40
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,784.72
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,027.45
  • nexoNEXO (NEXO) $ 1.22
  • flare-networksFlare (FLR) $ 0.016438
  • celestiaCelestia (TIA) $ 1.61
  • tokenize-xchangeTokenize Xchange (TKX) $ 13.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999939
  • xdce-crowd-saleXDC Network (XDC) $ 0.064745
  • fartcoinFartcoin (FARTCOIN) $ 1.05
  • injective-protocolInjective (INJ) $ 10.65
  • blockstackStacks (STX) $ 0.660799
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,840.48
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 109,200.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999848
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,791.77
  • sonic-3Sonic (S) $ 0.308529
  • optimismOptimism (OP) $ 0.560531
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.48
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015025
  • pax-goldPAX Gold (PAXG) $ 3,310.09
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 109,280.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,790.54
  • wbnbWrapped BNB (WBNB) $ 662.15
  • paypal-usdPayPal USD (PYUSD) $ 0.999686
  • kaiaKaia (KAIA) $ 0.149644
  • story-2Story (IP) $ 3.03
  • flokiFLOKI (FLOKI) $ 0.000090
  • the-graphThe Graph (GRT) $ 0.087089
  • dogwifcoindogwifhat (WIF) $ 0.856627
  • clbtcclBTC (CLBTC) $ 110,342.00
  • tether-goldTether Gold (XAUT) $ 3,303.25
  • vaultaVaulta (A) $ 0.510569
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 172.37
  • immutable-xImmutable (IMX) $ 0.427445
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.30
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,870.63
  • msolMarinade Staked SOL (MSOL) $ 201.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.556390
  • theta-tokenTheta Network (THETA) $ 0.713849
  • ousgOUSG (OUSG) $ 111.72
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998237
  • lido-daoLido DAO (LDO) $ 0.748251
  • galaGALA (GALA) $ 0.014811
  • raydiumRaydium (RAY) $ 2.43
  • jito-governance-tokenJito (JTO) $ 1.87
  • iotaIOTA (IOTA) $ 0.167056
  • zcashZcash (ZEC) $ 40.15
  • ethereum-name-serviceEthereum Name Service (ENS) $ 19.42
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • the-sandboxThe Sandbox (SAND) $ 0.257758
  • bittorrentBitTorrent (BTT) $ 0.00000062
  • aerodrome-financeAerodrome Finance (AERO) $ 0.710317
  • saros-financeSaros (SAROS) $ 0.230444
  • jasmycoinJasmyCoin (JASMY) $ 0.012393
  • super-oethSuper OETH (SUPEROETH) $ 2,656.08
  • pendlePendle (PENDLE) $ 3.58
  • wrapped-hypeWrapped HYPE (WHYPE) $ 39.12
  • usual-usdUsual USD (USD0) $ 0.997984
  • pyth-networkPyth Network (PYTH) $ 0.101816
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 109,039.00
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,840.83
  • tezosTezos (XTZ) $ 0.545439
  • newton-projectAB (AB) $ 0.008540
  • walrus-2Walrus (WAL) $ 0.412457
  • tbtctBTC (TBTC) $ 108,969.00
  • syrupMaple Finance (SYRUP) $ 0.519201
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,788.54
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,656.45
  • falcon-financeFalcon USD (USDF) $ 0.995195
  • flowFlow (FLOW) $ 0.342327
  • decentralandDecentraland (MANA) $ 0.274786
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 109,244.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,656.95
  • coredaoorgCore (CORE) $ 0.502042
  • ripple-usdRipple USD (RLUSD) $ 0.999920
  • bitcoin-svBitcoin SV (BSV) $ 24.93
  • true-usdTrueUSD (TUSD) $ 0.999048
  • apecoinApeCoin (APE) $ 0.613695
  • thorchainTHORChain (RUNE) $ 1.37
  • chain-2Onyxcoin (XCN) $ 0.013808
  • morphoMorpho (MORPHO) $ 1.48
  • venomVenom (VENOM) $ 0.223741
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999768
  • staked-hypeStaked HYPE (STHYPE) $ 39.12
  • mog-coinMog Coin (MOG) $ 0.000001
  • based-brettBrett (BRETT) $ 0.045002
  • dexeDeXe (DEXE) $ 7.79
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.173217
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004380
  • apenftAPENFT (NFT) $ 0.00000044
  • heliumHelium (HNT) $ 2.36
  • kavaKava (KAVA) $ 0.401826
  • beldexBeldex (BDX) $ 0.060909
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007292
  • usddUSDD (USDD) $ 1.00
  • starknetStarknet (STRK) $ 0.116982
  • stader-ethxStader ETHx (ETHX) $ 2,825.30
  • dydx-chaindYdX (DYDX) $ 0.548097
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 0.994237
  • neoNEO (NEO) $ 5.67
  • elrond-erd-2MultiversX (EGLD) $ 13.85
  • compound-governance-tokenCompound (COMP) $ 42.08
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,656.49
  • conflux-tokenConflux (CFX) $ 0.075934
  • ecasheCash (XEC) $ 0.000019
  • movementMovement (MOVE) $ 0.144888
  • memecoreMemeCore (M) $ 0.240514
  • aioz-networkAIOZ Network (AIOZ) $ 0.311424
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 109,766.00
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999996
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.18
  • deepDeepBook (DEEP) $ 0.146377
  • eosEOS (EOS) $ 0.510488
  • axie-infinityAxie Infinity (AXS) $ 2.20
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,930.77
  • build-onBUILDon (B) $ 0.362982

Compound Adopts Uniswap-Style Governance with New Foundation

0 36

Compound Adopts Uniswap-Style Governance with New Foundation

  • Compound’s Uniswap-style governance foundation aims to boost decentralization, legal clarity, and long-term protocol sustainability.

  • Market optimism follows COMP’s governance news, while UNI’s price reflects the volatility of DeFi and its evolving governance impact.

Compound Finance, a prominent decentralized finance (DeFi) lending protocol on Ethereum, is exploring the establishment of a dedicated foundation to enhance its governance and operational efficiency.

As described in a recent CNF coverage, Uniswap’s model is referenced as a successful blueprint—where the UNI governance token enables holders to participate in protocol decisions and access various DeFi applications.

This initiative aims to emulate the effective structure implemented by the Uniswap Foundation, fostering a more organized and decentralized ecosystem.

The Rationale Behind a Compound Foundation

In a recent announcement, Compound Labs emphasized the evolving needs of the protocol, noting the importance of a stable structure to support ongoing decentralization. The development of Compound v4 and growing community involvement have reinforced the necessity of a formal entity to coordinate initiatives and ensure legal clarity.

According to recent reports, the proposed foundation takes inspiration from the Uniswap Foundation, which has played a crucial role in Uniswap’s decentralized growth and governance.

Uniswap’s framework allows UNI token holders to propose, vote on, and execute changes to the protocol—a model that has enabled community-driven innovation. As described by ETHGlobal:

Uniswap is the most renowned decentralized exchange (DEX) in the world, built on the Ethereum network. The revolutionary platform has transformed the way digital assets are traded, allowing users to swap tokens without the need for intermediaries or centralized exchanges.

Community Involvement and Next Steps

Compound Labs plans to involve the community in conversations about the proposed foundation, encouraging feedback and active collaboration. This participatory strategy ensures the foundation’s structure aligns with the vision of COMP token holders and broader stakeholders.

The announcement has generated positive momentum in the market, with COMP’s price seeing notable gains following the news. In another CNF report, both Uniswap and Compound were noted as top-performing DeFi assets approaching new all-time highs.

Compound’s move toward a Uniswap-style foundation signals a significant step forward in its governance model, reinforcing its long-term strategy for sustainable, decentralized growth.

Uniswap (UNI) Price Update

At the time of writing, Uniswap’s UNI token is trading at $5.98 USD, reflecting a 0.72% decrease in the past 24 hoursand a 13.22% drop over the past week. These fluctuations highlight the dynamic nature of the DeFi space and the impact of governance shifts on token performance.

Source

Leave A Reply

Your email address will not be published.