Compound is a DeFi protocol that lets users earn rewards on their crypto. Users can earn rewards over time by depositing crypto into Compound's various pools. They receive cTokens in exchange for their deposits, which represent their portion of the pool and may be redeemed for the original coin at any time. Additionally, the protocol allows users to borrow crypto by providing their crypto as collateral.
You can view, swap, send and receive COMP tokens directly from your MEW Wallet. To receive your COMP tokens you can send them to your public wallet address. You can then view them in your MEW Wallet by selecting your wallet and selecting the token from the tokens list. You should see the COMP token information page. You can send your COMP tokens in your MEW Wallet by clicking the ‘Send’ button and entering the recipient’s wallet address. To swap your COMP tokens, you can click the ‘Swap’ button and choose which tokens you want to swap to. However, if the ‘Swap’ button is not active you will need to use a DEX to swap your tokens.