Comdex Volume 22

February 15, 2022

In the past two weeks, Comdex has featured in several interviews to discuss the lucrative outcomes and multi-faceted benefits of bridging synthetic assets into the Cosmos ecosystem.

Cryptocito hosted Sid Patil in his recent video to take a deeper look into the future of the synthetic asset marketplace powered by Comdex. Patil gives a nuanced description of synthetics and the advantages they hold over the traditional obstacles of owning gold, silver, and other commodities.

The tweet below links a brief clip from the video to discuss the topic. To watch the full interview, click here.

Sid also featured on Confident in Crypto’s latest video alongside Abhishek Singh to discuss the Comdex roadmap for 2022 and beyond.

Singh notes he is most excited for developments in the synthetics marketplace, as it will drive use cases for various modules, result in more dApps, and innovate diversification in DeFi. Patil seconds this, adding that 2022 is the year to prove that the tech will deliver.

Sid is fiercely determined to normalize synthetic commodities in the world of DeFi, featuring in yet another interview to discuss the topic. In a new episode of the DeFi Times, the COO further articulates the use of derivative assets, the tech behind synthetics, $CMDX tokenomics, and more.

Exciting news for development: The recent proposal to add CosmWasm to Comdex has passed, marking another expansion in integration of the smart contracts within the Cosmos ecosystem.

And yet another milestone to celebrate: Comdex reached 1M in block height on February 2nd! $CMDX/ATOM and $CMDX/OSMO pairs continue to provide some of the highest APRs on Osmosis.

Comdex’s latest update discusses minting synthetics using Collateral Debt Positions. The synthetics marketplace allows users to leverage Cosmos assets like $ATOM, $XPRT, and $USD to gain exposure to commodity prices.

In the network’s latest blog post that describes the tech behind the exchange, it’s summarized that the vision of Comdex is “to enhance accessibility and inclusiveness of finance by reducing obstacles and restrictions” (Comdex).