Comdex’s Ecosystem

Introducing Comdex

A Fully Interoperable
Synthetics Protocol
  • Traders- Traders are platform users who want to profit from the movement of cAsset prices on cSwap.
  • Minters/Borrowers- Minters are users who create the platform’s initial liquidity for cAssets. To mint cAssets, these users can lock up a range of Cosmos assets. When the user returns the cAsset debt to unlock their locked collaterals, the user’s collateralized debt position (CDP) can be closed.
  • Liquidity Providers- These users intend to earn trading fees and CMDX token incentives by supplying liquidity to liquidity pools on the cSwap in the form of cAsset pairs. For each cAsset offered, users can supply long or short position-based liquidity.
The CMDX token
  • Rewards: An incentive for early adopters and those performing critical functions of the network by providing liquidity to the cSwap pools.
  • Transaction fees: Fees for on-chain transactions and various platform fees are collected to compensate validators and make network attacks more costly.
  • Governance: Users of Comdex and holders of the CMDX token have the ability to operate and control the platform’s many aspects. Governance also allows for modifications to essential factors like fees, cAsset set, and so on.
  • Stability: To maintain the price pegs strong, the CMDX token will have an algorithmic link with each synthetic asset.

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