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Source: thedailygwei.substack.com ·
The question on everyone’s mind over the last 24 hours, is the COMP distribution priced in? Compound is using a novel token distribution mechanism that’s come to be known as “liquidity mining”. What this means is that, rather than selling tokens in an ICO, they are distributed to people who participate in helping to grow the protocol. In this case, COMP tokens are awarded to those who supply liquidity to or borrow assets from Compound. The end-goal is to, of course, increase usage and liquidity of the protocol. It is definitely working too -

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