How to earn tokens

The governance token was revealed in February, and a recent vote to distribute COMP to users was passed with a huge majority. Argent has natively integrated Compound, so you can easily earn interest by lending through them.

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We don't currently support borrowing, however we'll soon be adding Maker Vaults to allow that. All this means you will now passively earn COMP alongside the usual interest just by supplying your assets to Compound!

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Get started easily by downloading or opening Argent here. What is COMP?

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COMP is a 'governance token', meaning it lets you have a say in how the Compound platform is run. You could even vote to replace the current governance model for something different.

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Importantly, these actions are actually executable code on the protocol - rather than suggestions for a team or foundation to implement read more. How do you earn COMP? Earning COMP is easy.

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Here's a guide on how to get started with Compound in under a minute: The amount of COMP you will earn each day is proportional to how much is invested by you and everyone else using the protocol. It is earned in real-time. Once you have earned over 0.

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The distribution schedule is outlined here. Also, if you have COMP in Argent already and want to send it, you can treat it as how to earn tokens would any token transfers will be free through Argent, as usual.

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Although you can receive cTokens in Argent, you cannot currently send them. At time of writing this is not compatible with Argent as it has no WalletConnect support, however as stated earlier you will automatically get your COMP tokens once you are above the threshold of 0.

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To get started with Argent, download here.