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Can phantom power fry equipment?

If I were to use a condenser mic and send it to a compressor (XLR i/o) before going into a MOTU 896 HD with phantom power enabled on the mic input, would I damage the compressor? I was going to use an outboard phantom power adaptor or go directly from the mic to the MOTU and use a send/return loop for the compressor just to be on the safe side, but I thought I'd ask.