Comdex Volume 20

January 15, 2022

It’s a happy new year for Comets indeed! Last week, Comdex initiated an airdrop of $CMDX for eligible participants who held $ATOM, $LUNA, $OSMO, or $XPRT. Have you claimed your tokens yet? To find out if you’re eligible, visit the link in the tweet below:

To further start off 2022 with a bang, $CMDX yields have also been incentivized on Osmosis liquidity pools - with APYs reaching almost 150% on both $CMDX/OSMO and $CMDX/ATOM. Currently, the former pair sits at $29.8M in liquidity while the latter sits at $22.7M.

In other exciting news, a $UST/CMDX pool has launched on Osmosis, following the passing of Comdex’s latest governance proposal to integrate Terra’s stablecoin onto the network. The pool’s liquidity is currently at $510k with a 14 day bonding period offering 39% APR.

To discuss the importance of portfolio diversification, Tech Times featured Comdex in their latest news article. The post explains how Comdex intends to bridge the gap between DeFi and CeFi through the use of its Enterprise Trading Platform, ShipFi, and synthetics. To read the full article, check out the link in the tweet below:

As Comdex progresses towards bridging DeFi and CeFi, COO and Co-Founder Sid Patil made a guest appearance on The New Trust Economy podcast to discuss exactly how the network plans to reach that goal. The podcast, linked below, reviews Comdex’s role in the commodities space, Patil’s leveraging of both DeFi and CeFi, and more.

Streamlining the DeFi experience is an innate goal of Comdex; to optimize its UX even more, the network has recently launched a staking rewards calculator to estimate your returns on staking $CMDX. Check out the new tool by viewing the link in the tweet below:

To wrap up the first two weeks of 2022 as strong as they started, Comdex has also just announced a new upcoming product: a Decentralized Synthetics Exchange. The inclusive platform will allow users to collateralize their Cosmos-based tokens to mint synthetic Gold, Silver, and Crude Oil - exposing traders to the prices of real-world commodities while also maintaining the liquidity of digital assets.