The compass in DST, as I know, is much more useful than it in DS. But I wonder whether some changes are possible to make it better.
For now, If I want to use it, I need to equip it. And only who is also equiped with a compass can find me. But it may be too inconvenient for me to do other things. For example, if I find a giant and I want to gather other players to fight with it, I may craft a compass and wait others to come. But during this time, I could not attack it in advance, because the compass is not a weapon. I think the compass may also have a global minimap icon if it's on the ground, but only those who are equiped with compass could see it, or even it's not equiped but in my pocket. In this way, I could craft a compass, drop it on the ground or whatever, and start my attack immediately.
I'm a chinese so I'm not sure my words are good enough to express what I want. If anything may be misunderstood, you can ask me for further explanation.