Venture Capital Firm Holds 11% Of COMP: Is Compound Finance At Risk?

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a16z, COMP, Compound Finance, Compound Finance price, COMPUSDT, DAO, DeFi, Governance

In a recent analysis of Compound Finance’s token distribution, Bubble Maps, a blockchain analytic platform on December 11, reveals that a16z, a crypto-focused venture capital firm, holds 11% of COMP’s total supply. Bubble Maps notes that a significant stake held by a16z in Compound Finance’s governance model raises concerns over the protocol’s decentralization. A16z’s influence on proposals […]