在宣布建立专门基础的计划之后，Comp Price的波动大幅波动

复合金融，补偿的本地代币经历了戏剧性的价格波动

The price of Compound Finance’s native token COMP has swung wildly following the announcement of plans to establish a dedicated foundation. The token is currently changing hands at around $43.68 after an initial drop and a brief but substantial recovery.

在宣布建立专门基础的计划之后，Compound Finance的原住民代币竞争的价格疯狂地摇摆不定。该令牌目前在初次下降和短暂但大量恢复后，以43.68美元左右的价格易手。

The team behind the popular DeFi lending protocol, Compound Labs, revealed on April 1 that they are considering creating a foundation to better manage the protocol’s development and operations.

流行的Defi贷款协议背后的团队Complabs于4月1日透露，他们正在考虑为更好地管理协议的开发和运营创建基础。

In June 2020, the Compound protocol was decentralized with the launch of COMP and the full transfer of control to the community through governance. As a foundational piece of decentralized finance infrastructure, Compound is designed to exist in perpetuity—open, autonomous, and …

2020年6月，随着Comp的推出以及通过治理将控制权的全部转移到社区，该复合方案被分散。作为一个基础分散的金融基础设施，化合物被设计为永久存在 - 开放，自主和…

Compound is one of Ethereum’s leading DeFi lending platforms with approximately $2.5 billion in total value locked (TVL), according to DefiLlama data.

根据DeFillama数据，Compound是以太坊领先的Defi贷款平台之一，总价值锁定约为25亿美元（TVL）。

Initially, the COMP token fell by about 6% to reach a local low of $42 following the announcement.

最初，宣布后，COMP令牌下降了约6％，达到了42美元的当地低点。

However, the market reaction took a surprising turn as the price then surged dramatically, rising by as much as 102% during intraday trading on Tuesday.

但是，由于价格急剧上涨，市场反应发生了惊人的转变，在周二的日期交易中，价格上涨了102％。

This rally proved short-lived as investor skepticism took hold again, bringing the price back down to its current level of $43.68.

由于投资者的怀疑再次持有，这次集会被证明是短暂的，使价格恢复到目前的43.68美元。

Foundation Plans Explained

基金会计划解释了

Compound Labs explained that establishing a foundation has become standard practice across major DeFi ecosystems. The move aims to bring greater stability, legal clarity, and community alignment to the protocol’s operations.

复合实验室解释说，建立基础已成为主要偏见生态系统的标准实践。此举旨在为协议的运营带来更大的稳定性，法律清晰度和社区一致性。

The team acknowledged that their early operational model was basic, reflecting the experimental nature of DeFi in its early days.

团队承认，他们的早期运营模式是基本的，这反映了Defi早期的实验性质。

As the platform matured, the absence of a central structure made managing critical processes increasingly difficult.

随着平台的成熟，缺乏中央结构使管理关键过程变得越来越困难。

Despite outsourcing areas like risk assessment to Gauntlet and security auditing to OpenZeppelin, the lack of a formal foundation has created unnecessary complexity in protocol management.

尽管将风险评估等领域外包给手套和开放式海军宝石，但缺乏正式的基金会在协议管理方面产生了不必要的复杂性。

“With the upcoming development of Compound v4 and growing engagement in the community forums, along with the progressive decentralization of the Compound ecosystem and the pullback of involvement from Compound Labs, we’ve seen the growing need for more consistent structure,” the team stated.

该团队说：“随着复合V4的即将发展和在社区论坛中的参与度的越来越多，以及复合生态系统的逐步分散化以及复合实验室参与的回调，我们已经看到了对更加一致的结构的日益增长的需求。”

Investor Reaction

投资者反应

Market data indicates that investors have responded cautiously to the foundation announcement.

市场数据表明，投资者对基金会公告做出了谨慎的反应。

The Chaikin Money Flow (CMF) indicator has reached an all-time low, signaling substantial outflows from the token.

Chaikin货币流量（CMF）指示器已达到历史最低，这表明了令牌的大量外流。

This suggests investors are not just reacting to short-term price movements but are concerned about the broader implications for COMP’s future.

这表明投资者不仅对短期价格变动做出反应，而且还关注对Comp的未来的广泛影响。

The “Age Consumed” metric recently spiked to its highest level in 17 months, indicating that long-term holders have started selling their positions.

“年龄消耗”度量标准最近在17个月内飙升至最高水平，表明长期持有人已经开始出售其头寸。

This movement of previously dormant tokens is typically considered a bearish signal, especially when occurring outside of a broader bull market.

以前休眠代币的这种运动通常被认为是看跌信号，尤其是在更广泛的牛市外发生时。

The selling by long-term investors may signal eroding trust in the project’s future prospects.

长期投资者的销售可能表明侵蚀了对项目未来前景的信任。

Technical Outlook

技术前景

From a technical perspective, COMP now faces stronger bearish signals than it did before the announcement.

从技术的角度来看，Comp现在面临的看跌信号比公告之前更强。

Despite the temporary price rally, the failure to secure $44.60 as support suggests that further declines may be likely.

尽管暂时的价格集会，但由于支持表明，未能获得44.60美元的$ 44.60，这可能是可能进一步下降的。

If current trends continue, analysts suggest COMP could fall to around $37.62.

如果目前的趋势继续下去，分析师认为COMP可能会降至37.62美元左右。

For the bearish outlook to be invalidated, Compound would need to regain and maintain $44.60 as support.

为了使看跌的前景无效，化合物需要重新获得44.60美元的支持。

If this happens, the price could potentially rise through $48.44 and surpass the $50.00 mark, which would signal a reversal in the current trend.

如果发生这种情况，价格可能会升至48.44美元并超过50.00张，这表明当前趋势会逆转。

The proposed Compound Foundation would be independent of Compound Labs and any existing entities. Its goal would be to provide a model similar to what the Uniswap Foundation offers its community, facilitating governance, development, and communication among contributors.

拟议的复合基础将独立于复合实验室和任何现有实体。它的目标是提供类似于UNISWAP基金会提供社区的模型，促进贡献者之间的治理，发展和沟通。

Before proceeding with the foundation plan, Compound Labs intends to gather community feedback through its forums.

在进行基础计划之前，复合实验室打算通过其论坛收集社区反馈。