How April Has Turned Out for the Comdex Global Community
Comdex is a crypto network where physical commodities are exchanged as digital assets in the unphysical decentralized finance world, having monetary value.
The network runs a synthetic asset system, in which physical commodities are converted to digital “cAssets” whose monetary value is backed by strong cryptocurrencies known as stablecoins.
As we leave the month of April, we might as well reminisce on what happened during this period — good or bad. But in this article, we will look back in time at the developments seen within the
Comdex community worldwide, in an effort to convince you why being a COMet might just be one thing you are missing out on.
In the month of April, three major events took place, while other accomplishments included:
A co-founder’s article on “Is ‘Trust’ a Necessary Prerequisite to Access Market Liquidity?” was published in the National Association of Securities Dealers Automated Quotations (NASDAQ).
On Earth Day, 22nd of April, 2022, another co-founder held a discussion with big names in the Indian decentralized finance industry, concerning its effects on the future of the earth.
Wallet addresses exceeded 35,000, with a staking ratio of 67% (and staking rewards of 44%), for those with single CMDX wallets.
Governance proposal towards the introduction of what is known as superfluid staking into Comdex’s liquidity pools.
…and many more.
The three major events which took place in the month of April include the upgrading of its Web App (where cAssets are minted, hodled, farmed, staked, exchanged, and managed), the foundation of its Academia is laid, and a special reward boosting method of staking is introduced.
Web App Devnet v.2
After launching the Comdex Web App on the last day of the previous month, some bugs were fixed and some newer upgrades were inputted, causing the launch of the second version to occur some days after Easter. So what’s new?
Prior to the redevelopment, only CMDX could be used to do so. Now, your ATOM, OSMO, and LUNA can.
Reclaiming your faucet
With the upgrade, you need not reclaim your CMDX faucet, and you are most likely to participate in the test run circulation of 15,000 CMDX, the earlier you are.
In order to establish a community of online crypto learning, the Comdex platform laid the foundation of its Academia. Whether you are new to the Comdex network or are a bonafide member, your enrollment dies not to look at that.
In the Academia, a wide expansive area of the decentralized universe is planned to be touched. You will learn about:
CMDX and related tokens.
Basics of cAssets.
Governance and auction sales, etc.
There is a possibility that courses offered in this educative space would no longer be free, once the system is fully established. It is advisable to take hold of the chance you have when it is there.
What more? When you complete a course, you will receive certain incentives, and a certificate in form of a digital non-fungible token (with monetary value). Right now, the Academia offers one course titled “DeFi & Synthetics,” and will teach about:
Synthetic assets, etc.
Have a nice experience by joining the Academia now, and learn how to take hold of opportunities for a better investment future. Try it out now.
Comdex is a decentralized synthetics protocol and a product of the Persistence platform.
Comdex develops possible solutions for the decentralization of finance (DeFi) and the democratization of commodities by handing over to investors the knowledge of a widened scope of asset classes and rewarding features.
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