As Comdex role in bringing full decentralisation to the Cosmos chain and blockchain at large, its features and layer 2 infrastructure demand to be studied, paving the way for more utility and project growth, enabling more dapp to come on the Cosmos chain of decentralized blockchain.
The benefit of the Comdex to Cosmos far outweights its roadmap, each dapp listed or to be listed on Comdex shares the role of Comdex to Cosmos. Developers can bank on this to create more dapp along the model of Comdex, and develop more dapp capable of spelling out what Comdex stands for on the Cosmos chain.
Comdex deals with the trading of assets, digital and real-life assets enjoy seamless interoperability through Comdex infrastructures. Investors in real estate aren’t scared of the crypto market volatility as they can bank on the Comdex infrastructure to help develop and transact their assets from real estate to digital. Comdex is doing this by tokenizing assets and deriving synthetic assets in a ratio of 1:1 to real assets. These assets when derived can be burned to keep inflation in check. Derivative assets can be staked or minted to generate extra income. As Comdex is the platform for all Cosmos chain products, building on Comdex means larger use cases of the cosmos chain and its token.
Comdex over time has developed products around its goals of achieving seamless transaction of assets across chain, commodo, shipfi, Zenscape, Composite, cSwap and cAssets are all dapp built on Comdex for all users to interact with.
Since assets can be traded on Comdex, they can also be borrowed and loaned out to users at an interest rate. Commodo is the borrowing and lending arm of Comdex, saddled with the role of interconnecting other chains and bringing the best of Defi to Comdex.
The benefit of commodo to Comdex is the creation of an $ATOM & $CMST bridge. This enables users to have limitless options for token usage.
Another merit of commodo is its enabling factor of allowing users to mortgage their comdex token for a loan. Mitigating against inflation by regulating the interest rate of both borrowing and lending.
Users can also take advantage of Commodo low transaction fee to create an arbitrage model that favours users holding a long position on lending.
Commodo further deepens the decentralized finance role of Comdex, through its interoperability on other chains, users can borrow at the lowest transacction fee, with interest rate maturity that favours both borrowers and lenders and practice arbitraging at the same time.
These days, every blockchain has its stablecoin, mostly pegged to $USDC, they always remain at $1. The Comdex protocol created composite to be the stablecoin of Cosmos chain.
The usefulness of this is that users can buy these stable coin to either stake or keep their tokens away from market volatility.
$CMST is the utility token of Composite. While its governance token is $HARBOUR. Users can derive profit from this pegging by staking their native token to earn more $CMST at every market fluctuation. This wash and rinse model is set to bring passive income to Cosmos token holders.
The security base of Comdex is Zensacpe. Its benefit to users is securing the chain and validating its nodes.
Users can do more with this by seeing a protocol good enough to serve other smart contracts to be launched on Comdex. The model of zensacpe too can be looked on as more dapp comes to comdex, the need to expand the scope of smart contract security might become too voluminous for ZENSCAPE hence the need to bring in more security projects on Comdex.
This also serves as invitation to other dapp developers of vacant space in the development of the Cosmos chain.
As Zensacpe powers the security of other chains, Comdex can have its own security smart contract developed exclusively to the Comdex protocol.
Decentralisation dives deeper as it encounters more challenges in our everyday lives. Real-world assets have had limitations in time past on the moveability of assets. The ShipFi model helped real estate and real-world asset owners to move their assets to the blockchain through its model.
The benefit of this is that it removes the fear of asset volatility from owners of assets as they can depend on ShipFi to evaluate their assets and derive an equivalent synthetic asset on cosmos for their assets. ShipFi also mints NFT for its use to mitigate and leverage users’ assets.
Users can use this to keep both side assets, both in the real world and digital, while staking one part of their real estate assets against the loans. As synthetic assets are minted for users with real estate assets
As more tokens are generated as each derivative is made, trading and swapping them becomes important. The cSwap is the AMM of Comdex, giving token real value, bridging various tokens together and removing limitations of trading from token. As derivatives are traded, NFTs are also included. The major benefit of this is a copyable model that can be replicated across other chains where derivative tokens are made and it can be traded against stable tokens.
One unique factor of Comdex is cAssets, a derivative token generated against an individual token. Investors can use these cAssets to mitigate loss from market volatility, shield investment portfolio from losing its value, and derive token value at optimum price through cSwap where the derived token is also traded.
The benefit of Comdex dapp to the Cosmos chain is majorly spelling out assets trading, liquidity and assets ownership, NFT minting and trading while focusing on expanding the Cosmos chain. The Comdex dapp shares in all these goals and sets to bring them to reality through its various dapp.