Stake Comdex with Everstake: comdexvaloper1wdxas3uaj8dy8q9nz9pa96zj92vlp09qfljydu
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With the Comdex protocol, built on Cosmos, users can collateralize and leverage their assets to take exposure to a range of inflation-resistant synthetic assets. Due to the IBC compatibility, Comdex can be bridged with main Cosmos chains such as Persistence, Cosmos, Terra and others, so their holders could join the Comdex platform for minting and trading synthetic assets, collateralizing their holds. The native token CMDX powers the network’s staking economy. Transaction fees and staking of CMDX helps secure the blockchain.
Everstake as a Comdex Genesis Validator, secures the network and provides hassle-free staking service for CMDX holders:
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Although Comdex has its own team and blockchain, this Protocol is claimed to be a part of Persistence ecosystem, that means that the tokenomics of the two protocols are closely tied and XPRT holders and stakers should have certain benefits when dealing with Comdex.
cAssets - synthetic assets which can be created and traded on the Comdex platform once launched. These assets are basically tokenized derivatives that provide exposure to the price movement of real-world assets, such as gold, silver or oil, through the creation of collateralized debt.