What is the value of comp token

[Shaji]

I bought comp token due to FOMO I can’t find any value holding this It’s not a store of value or no staking return. Kindly guide what I can do with comp token other than governance

[adamskrodzki]

I’ve asked more or less same question in

What is economic model for a COMP token

Hi, my first post here, but in general I’m quite deep in DeFi. I’m using compound Finance and MakerDAO for more than a year. As in topic. What is economic incentive for COMP holders not to sell it as fast as possible? What is economic incentive for COMP holders to make wise governance decisions Is there any kind of link between success of Compound token and price of COMP token? Any Comparition to MakerDAO appreciated.

Unfortunatly also without an answer

[chitty]

@Shaji

Kindly guide what I can do with comp token other than governance

At the moment, there is no other utility to the COMP token other than governance. Trading is speculative right now in the hopes for the token to be added as an asset in the platform.

[compoundbart]

Even that wouldn’t provide much extra utility. Some assume there will be some incentive (like dividend) in the future. Some info on this here: Dividend on COMP