COMDEX (CMDX)
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COMDEX current price is $0.02539 with a marketcap of $4.26 M. Its price is -1.72% down in last 24 hours.
What is the project about?Comdex is an interchain DeFi infrastructure layer housing a suite of composable solutions on-chain.What can your token be used for?$CMDX token functions – usage as gas fees, Staking, Governance, Collateralization, LP rewardsComdex dApps1. cSwap_DEX –- Decentralized exchange to swap/ trade, and farm tokens- It uses AMM liquidity pools that brings cross-chain markets and limit orders.- At present: 25 pools are Live with 14+ 2 tokens- Unique concept of Master & Child pools - Liquidity only in child pools are incentivized thru external rewards & Equal Liquidity in master & child pools are incentivized thru internal and external rewards2. Harbor Protocol / Composite Money $CMST stablecoin –- $CMST is an over-collateralized stablecoin backed by Interchain assets- Harbor protocol, the platform to mint $CMST- $HARBOR, governance token of $CMST- HARBOR, not used as collateral to mint $CMST to maintain solvency3. Commodo – IBC native lending and borrowing platform- It introduces the concept of isolated money markets with bridged assets- it limits the pairings to the bridged assets, allowing for single lending pair to concentrate liquidity and reduce risks
