Announced 30th September 2017. Compound Coin was born out of the death of
UKC coin. The original developers of Compound coin offered fair 1-1 swap of UKC
coin to COMP coin. This enabled those with coins of now no value to swap them for
a new and working coin.
The initial COMP pre-mine was used for a swap from UKC to COMP and for
development. Unused coins were burned.
Like most crypto coins Compound Coin is an experimental coin that rewards holders
staking the coin and making their assets grow bigger. Compound Coin also
emphasizes the importance of compounding the coin to make an asset grow
The project is very much community based with like-minded people working to
support it across the globe.