CMDX is indeed the native token of the Comdex ecosphere, and so it provides several features. First, it is used for governance, with holders able to stake their tokens in governance people voting to decide on prospective partnerships as well as integrations.
Furthermore, CMDX holders can invest their tokens through one of our validators, as well as users of our systems will be able to collateralize their CMDX and mint C-Assets, implying that CMDX will be critical to the operation of our platform. In addition, CMDX would be used for liquidity mining rewards.
They will then go over each of these utilities in greater detail.
Journey of Comdex
Comdex‘s journey to open financial markets by increasing investor access continues with the creation of the synthetic procedure. Comdex will use synthetics to improve investors’ access to a wide range of asset classes while also generating a higher yield from safer investment avenues.
A truly permissionless system like this can make tokenization of real-world assets easier than in traditional derivative instruments. The company was also showcased at the Dubai Crypto Expo in 2022.
Vision and Mission of Comdex
Global Financial Accessibility. Comdex is a way to solve an ecosystem that democratizes finance and connects DeFi and CeFi. Comdex’s journey to open financial markets and increase investor access continues with the creation of the synthetics protocol.
Comdex will use synthetics to improve investors’ access to a wide range of asset classes while also generating a higher yield from safer investment avenues.
Governance and utility on the platform:
They value our community commitments at Comdex, so they want holders of the native CMDX token to be able to share their thoughts on how our platform should be governed and vote on their preferred outcomes.
They are strong supporters of democratic governance, having already held 2 senators indirectly through the Osmosis platform, the first one to release their LBP and the second to incentivize their pools.
