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Comdex is a sovereign IBC enabled chain within the Cosmos ecosystem. Following our mainnet launch in November of 2021 & our fair launch of our Native token CMDX in December of 2021, we are focused on the development of several synthetic commodities & trade focused ecosystem projects.
Our product suite:
The first, the ‘Decentralized Synthetics Exchange’, or DSE, allows its users to create, exchange & earn liquidity rewards with synthetic assets, known as cAssets. cAssets are on-chain derivatives that represent real world assets. For example: Gold, Silver and Crude Oil. These derivatives are tradable on-chain allowing us to bridge the gap between the traditional centralized world of commodities trading and the cutting-edge world of decentralized finance. In the future we are also planning to enable leverage from within the platform which could dramatically enhance its power & functionality.
Through the creation & holding of cAssets, Comdex users are gaining exposure to the price fluctuations of real-world assets, with all the security & transparency that blockchains allow.
We also have the following projects scheduled to launch in the second half of 2022:
Enterprise trading platform - This platform aims to solve problems of trust and efficiency in the commodity trade industry and SMEs/MSMEs have better access to financing.
ShipFi - This application focuses on bringing trade finance debt and receivable assets on-chain to obtain liquidity. Alongside the launch of the ShipFi platform, we are planning to introduce the $SHIP token, which will be the native token of the ShipFi platform. $SHIP will play a role in both the network's governance and the incentivization system.
Info on our native token CMDX:
CMDX is the native token of the Comdex ecosystem, it serves several functions, firstly it will be used for governance. In addition holders of CMDX can stake their tokens via one of our validators, users of our platforms will also be able to collateralize their CMDX and mint C-Assets, meaning that CMDX will also be vital for the functioning of our platform. Also, CMDX will be used for liquidity mining rewards.
Summary of CMDX Tokenomics:
“The Comdex Mainnet went live on 20th November 2021 with a 100,000,000 CMDX genesis supply. 12.5% of the genesis supply (12,500,000 CMDX) is in circulation as of the launch of CMDX. The CMDX token is inflationary in nature with an inflation of 30% set for the first year and a subsequent reduction of 25% in the inflation rate in each with the maximum supply capped at 200,000,000 CMDX.”
Full tokenomics can be found here.
Info on our validators can be found here.
Where can you stake CMDX?:
-Unagii: “The automated DeFi yield platform with staking services. All the convenience and none of the hassles for smarter access to DeFi yields.” -Unagii
-Omniflix: “Provides POS services as well as the ability to Create tokenized assets & communities, platform to self-publish digital media & NFTs from across networks.” Omniflix
-Cosmostation: “Cosmos ATOM validator and ecosystem provider based in Seoul, South Korea. Providing node operations and tools for Cosmos, IRIS, Terra and Tendermint based chains” Cosmostation
You can also provide liquidity to our pools on Osmosis Dex & JunoSwap to earn incredible yields with the following pairs:
Osmosis Dex:
- CMDX/OSMO
- CMDX/ATOM
- CMDX/UST
JunoSwap:
- CMDX/JUNO
📷
You can find more information on the Comdex ecosystem at Comdex.One
You can also join us on social media here:
Telegram chat | Telegram Announcement |Twitter |Discord |Reddit | Linkedin
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