Compound announced a complete overhaul of its leadership structure with four new executives: Aaron Schnarch (Executive Director), Christopher Donovan (COO), Leo Eikelman (CTO) and Steven Liu (CPO). Compound DAO approved a development budget of $52 million, with $28 million for operations and $24 million for project growth over two years. COMP price surged to $18 before slightly retracing, trading around $17.6, up 8.6% on the daily charts. Trading volume exploded 648% to reach $43 million, and the RSI stands at 65, indicating sustained buyer momentum.
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