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Updated:Apr 23, 2026
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Compound Finance and the COMP governance token (2017–2020)

Compound Finance and the COMP governance token (2017–2020)

  1. Compound Labs is founded to build crypto money markets

    Labels: Compound Labs, Robert Leshner
  2. Compound V1 launches on Ethereum mainnet

    Labels: Compound V1, Ethereum mainnet
  3. Compound V2 goes live with upgraded architecture

    Labels: Compound V2, Protocol upgrade
  4. Compound raises $25M Series A led by a16z

    Labels: Series A, Andreessen Horowitz
  5. COMP governance testnet is announced

    Labels: COMP testnet, Governance experiment
  6. COMP-based governance goes live on mainnet

    Labels: COMP governance, Mainnet launch
  7. Plan is published to distribute COMP to users

    Labels: COMP distribution, Incentive design
  8. COMP distribution to users begins (liquidity mining)

    Labels: Liquidity mining, COMP distribution
  9. Governance votes to adjust COMP distribution rules

    Labels: Proposal 11, Governance vote
  10. COMP distribution becomes a template for DeFi incentives

    Labels: DeFi incentives, COMP template
  11. End of 2020: COMP establishes Compound’s governance era

    Labels: Governance era, COMP token