Comdex Ecosystem Announcements

#commodo_finance #liquidation In our educative thread series explaining the mechanism and process, let's understand how liquidation is triggered on Commodo. Liquidations on Commodo are triggered when a user's collateral fails to sufficiently cover the outstanding loans, meaning the significant loan value exceeds the collateral value. This happens when the user's collateral value decreases or the user's borrowed assets' value increases. In either case, when the collateral value falls below the loan value, the borrower's Health factor drops below 1. The health factor is calculated - by dividing the product of the collateral's value and its Liquidation Threshold by the value of borrowed assets. When the Health Factor drops below 1 and the user fails to recapitalize the position, collateral is then sent for auction with a liquidation penalty charged to the user. The amount of debt is calculated by the platform, which is paid through an auction. Liquidations follow a dutch auction model with instant settlements. The auction starts at an initial price which keeps on decreasing with time. Platform users can participate in the auction and repay the borrowed amount, unlocking the collateral and earning a liquidation bonus. The auction duration is 6 hours, and the bid price decreases as time passes. Users bidding for the collateral purchase it at a price they find profitable. Until the outstanding debt is entirely repaid, the platform keeps on auctioning the asset. It stops once the position reaches its health factor > or = 1. The remaining portion of the user's collateral remains and can continue to be utilized as collateral on the protocol. 🔄RT: https://twitter.com/Commodo_Finance/status/1636693998927761414 Commodo is a lending and borrowing platform built on the Comdex chain. Website | Twitter | Medium | Telegram

#commodo #assetriskassessment 🔖Here is the latest blog on the Risk analysis framework of whitelisted assets on Commodo This ensures platform security and minimizes risk & attack vectors. Read here: https://bit.ly/40aeaBd 🔄RT: https://twitter.com/Commodo_Finance/status/1636356071525851142 Commodo is a lending and borrowing platform built on the Comdex chain. Website | Twitter | Medium | Telegram

#comdex #foundry ⚖️Governance Time! Proposal# 116 - Bringing YFD to Comdex: Community Strategy Factory, Create Custom Strategies. This will enable custom strategy vaults and the decentralized funding of community ideas through community-led governance proposals. Read here👇 https://bit.ly/3FnViqp 🔖Read the complete discussion on our forum: http://bit.ly/3yFE2Ju Cast your VOTES here: ▶️https://app.cswap.one/govern/116 ▶️https://app.commodo.one/govern/116 🔄RT: https://twitter.com/ComdexOfficial/status/1635955845719810048 Comdex provides a DeFi infrastructure layer for the Cosmos ecosystem, will you join us? Website | Twitter | Medium | Reddit

#cswap_dex #cmdx #harbor 🤑Liquidity farming rewards are now live on new liquidity pool#40 on cSwap DEX for $CMDX / $HARBOR Happy Farming: https://app.cswap.one/farm 🔄RT: https://twitter.com/cSwap_DEX/status/1635636203193249792 cSwap is the orderbook style interchain DEX built on the Comdex. Website | Twitter | Medium | Telegram

#comdex #weeklyspaces 🎙Comdex Weekly Twitter Spaces - Syndicate Our guest for the week SyndicateHub, will provide updates on the testnet and plans for the launch. Set your reminders: https://twitter.com/i/spaces/1BdGYyWpWqgGX/peek 🔄RT: https://twitter.com/ComdexOfficial/status/1635342038270099456 Comdex provides a DeFi infrastructure layer for the Cosmos ecosystem, will you join us? Website | Twitter | Medium | Reddit

#cswap_dex #liquiditypools 🔖In our previous threads, we explained Liquidity Farming and Rewards and Master and Child pools on cSwap; let’s understand how to whitelist assets, create trading pairs, and liquidity pools on the DEX. 🪙Any asset to be traded on cSwap must be first whitelisted through the Asset Module on the Comdex chain. This can be done through a forum post, sharing the word with the community, and raising a proposal. 👉Here’s how to do it: http://bit.ly/3JcwsuH 💻How to create a trading pair on cSwap DEX? Once assets are whitelisted, any user can create a pair of two coins, a unique pair in the liquidity module. For example, the liquidity module can have only one pair for A-B coins, consisting of Coin A and Coin B. 🪙The coins in pairs are identified as Base Coin & Quote Coin. Assets are traded in pairs on a trading exchange wherein one asset (base coin) is sold against the other (Quote asset). The spot price reflects how much of the Quote asset is required to buy 1 unit of the Base asset. 💱For example, If our desired trading pair is $CMDX/ $CMST, and the spot rate is 1 CMST, we will be trading CMDX, which is the Base asset, against CMST, which is the Quote asset. The spot rate of 1 CMST means that we have to sell 1 CMST to obtain 1 CMDX. 💰Liquidity trading pairs can be created in two ways: - Permissionlessly, a non-refundable 2k CMDX fee is charged and a pair can be launched via CLI command. - Raise a governance proposal to create a trading pair 👉How to create trading pairs on cSwap DEX? http://bit.ly/3JbUrdl ⚙️Trading pairs once created can be used in multiple ways: - Asset/ token can be traded via Limit and Market orders through CLI at present. - Create Liquidity Pools. How to create a Liquidity Pool on cSwap DEX? Step 1 - Visit: https://app.cswap.one - Connect your wallet Step 2 - Click FARM from left menubar - Click Create Pool Step 3 - A fee (2000 CMDX) is charged for pool creation - Select the assets - Select ratios of tokens - Review and create 👉More on how to create a liquidity pool on cSwap DEX? http://bit.ly/3ZYPtri There is no individual token for cSwap DEX, it uses CMDX as its governance token. CMDX stakers are eligible for voting on various on chain proposals including asset whitelisting, dex upgrades, setting fees and parameters, and incentivization strategies for various liquidity pools. 🔄RT: https://twitter.com/cSwap_DEX/status/1635323215659827200 cSwap is the orderbook style interchain DEX built on the Comdex. Website | Twitter | Medium | Telegram

🔖The latest piece by Siddarth Patil, featured on Forbes, on the potential of Cosmos to emerge from the bear market & its need for a stablecoin to fulfil its promise of scale & users. How $CMST's multiple defense layers insure against adverse shocks Read here: http://bit.ly/3ZGTjWo 🔄RT: https://twitter.com/ComdexOfficial/status/1635307507278319617 Comdex provides a DeFi infrastructure layer for the Cosmos ecosystem, will you join us? Website | Twitter | Medium | Reddit

#CMST #Osmosispool ⚖️Governance Time! Proposal #115 - to incentivize $CMST/ $IST/ $DAI (Pool# 908) on Osmosis by Comdex & Agoric, with Maker comarketing. Pool will be incentivized with HARBOR for a period of 60 days with USD 26,667 BLD and USD 26,667 HARBOR. Read here: https://bit.ly/3ZIYpRY Cast Your VOTE here: ▶️ https://app.cswap.one/govern/115 ▶️ https://app.commodo.one/govern/115 🔄RT: https://twitter.com/Composite_Money/status/1635248102201499650 Composite $CMST is a decentralized, censorship-resistant, over-collateralized stablecoin, backed by interchain assets, and is built on the Comdex chain. Twitter | Medium | LinkedIn | Telegram

#cswap_dex #proposal #liquidityminingincentives ⚖️Governance Time! Proposal #114 - to add liquidity mining incentives to cSwap pools: phase-13 is LIVE for voting. The proposal will add liquidity incentives by allocating 112,865 $CMDX -to be distributed per the model for liquidity rewards. Read here👇 https://bit.ly/3mBwi8r Cast Your VOTE here: ▶️ https://app.cswap.one/govern/114 ▶️ https://app.commodo.one/govern/114 cSwap is the orderbook style interchain DEX built on the Comdex. Website | Twitter | Medium | Telegram

#cswap_dex #incidentreport Dear Community Members, On 12th of March 2023, a failure was observed during the daily distribution of farming rewards on the cSwap DEX. The failure was due to a minor bug that caused the reward calculation for every farmer to be zero. With the remedial measures in place, the bug causing the failure will be fixed and all the undistributed rewards will be distributed to the farmers in the coming upgrade. Read more here: http://bit.ly/3mF9THj Direct all queries to OFFICIAL community chat: https://t.me/cSwap_DEX Please do not respond to twitter handles asking for DM 🔄RT: https://twitter.com/cSwap_DEX/status/1634927923928109057 cSwap is the orderbook style interchain DEX built on the Comdex. Website | Twitter | Medium | Telegram

Dear Community Members, As previously promised, we have compensated HARBOR airdrop users who got liquidated. The liquidation penalty charged at 15% has been refunded to users. Full list of users and details about refund confirmation can be found here: http://bit.ly/40fk8kr 🔄RT: https://twitter.com/Harbor_Protocol/status/1634230281283723267 Harbor is the interchain stablecoin protocol on the Comdex chain that enables Cosmos assets to be locked in vaults and mint $CMST. Website | Twitter | Medium | Telegram

#commodo #cpools #interestrates As we gear up for the launch of new cPools, let’s take a quick look at how interest rates work on Commodo 🧵. The interest rate of any asset is dynamic in nature, and depends largely on the supply & demand of the assets on the protocol. ↕️ Depositors/lenders - earn interest rates for lending their assets Borrowers/ Users - pay interest rates for assets they borrow from the platform Commodo uses an algorithmic interest rate model that minimizes liquidity risk and ensures an optimal utilization rate across cPools.🖥 The interest rate increases linearly until a predefined optimal utilization value, after which it increases sharply 📈 The Asset Utilization (U) is calculated as = Total Asset Borrowed from cPool / Total Asset Deposited into cPool 🧬 The kink in the interest curve around the optimal utilization rate is designed to help prevent materialization of large liquidity risks caused by the utilization ratio approaching 100% The parameters for setting the interest of each asset are set based on the risk assessment model of the platform. The model helps identify volatile assets based on their liquidity. Highly volatile assets typically have lower optimal utilization rates.⚡️ We will soon publish a detailed blog explaining the model used for deriving the parameters to set the interest rate. For more details refer to our docs: https://docs.commodo.one/interest-rates 🔄RT: https://twitter.com/Commodo_Finance/status/1634200534579290117 Commodo is a lending and borrowing platform built on the Comdex chain. Twitter | Medium | LinkedIn | Telegram

#cswap_dex #blog 🔖Here’s our latest blog explaining the mechanism, the unique master and child pools, governance, token listing, fees, and much more! Read here 👇 https://t.co/DIVa83nWgT 🔄RT: https://twitter.com/cSwap_DEX/status/1633906304652804096 cSwap is the orderbook style interchain DEX built on the Comdex. Website | Twitter | Medium | Telegram

#comdex #proposal112 ⚖️Governance Time! Proposal #112 - to enforce min 25% of initial deposits on gov proposals to prevent spamming is LIVE for voting. The changes will be included in the next software upgrade if the proposal passes Read more: 👉https://bit.ly/3mFXEKR Cast your votes here👇 ▶️https://app.cswap.one/govern/112 ▶️https://app.commodo.one/govern/112 🔄RT: https://twitter.com/ComdexOfficial/status/1633885523080249345 Comdex provides a DeFi infrastructure layer for the Cosmos ecosystem, will you join us? Website | Twitter | Medium | Reddit

#comdex. #proposal112 ⚖️Governance Time Proposal #112 - to enforce min 25% of initial deposits on gov proposals to avoid spam on chain is LIVE for voting. The changes will be included in the next software upgrade if the proposal passes through the governance. Read more: 👉https://bit.ly/3mFXEKR Cast your votes here👇 ▶️https://app.cswap.one/govern/112 ▶️https://app.commodo.one/govern/112 🔄RT: https://twitter.com/ComdexOfficial/status/1633885523080249345 Comdex provides a DeFi infrastructure layer for the Cosmos ecosystem, will you join us? Website | Twitter | Medium | Reddit

#cswap_dex #harbor_protocol #liquiditypool 🚀HARBOR is now tradeable on cSwap DEX 👀 🤑Liquidity pool #40 for CMDX and HARBOR is now LIVE! Use CMDX to swap for HARBOR, add liquidity in the pool to farm tokens to get access to additional rewards. Happy Farming: https://app.cswap.one/farm 🔄RT: https://twitter.com/cSwap_DEX/status/1633848326708940800 cSwap is the orderbook style interchain DEX built on the Comdex. Website | Twitter | Medium | Telegram

#comdex #cswap_dex #modules In our series of Comdex module explanations we've looked at Harbor & Commodo in previous threads. This time let’s look at how @cSwap_DEX utilises our modules 🧵 🔹 The Liquidity module is used for AMM, OrderBook, and Farming Activities. Creation of pools & asset pairs, addition & removal of liquidity, placing limit orders, farming can all be done with this module. 🌊 🔹The Governance module - allows designated governance token holders to raise proposals via contracts for dApps ⚖️ 🔹The Asset Module - used to create Apps, Assets, Pairs, ExtendedPairVault. 💻 🔹Rewards module - used to distribute all kinds of rewards (external / internal) for cSwap pools.💰 🔄RT: https://twitter.com/ComdexOfficial/status/1633830422940618758 Comdex provides a DeFi infrastructure layer for the Cosmos ecosystem, will you join us? Website | Twitter | Medium | Reddit

#cSwap_DEX #Leap_cosmos 📢Excited to announce that @leap_cosmos is now integrated with cSwap DEX. This will give users: 🔀Effortless IBC transfers 🫰Enhanced experience ✅Manage assets & interact with the dApp 👉Install Now: http://bit.ly/3yji0fc 🔄RT: https://twitter.com/cSwap_DEX/status/1633792324743340039 cSwap is the orderbook style interchain DEX built on the Comdex. Website | Twitter | Medium | Telegram

#harbor_protocol #emissions #HARBOR HARBOR emissions are now right around the corner! So lets take a look at how emissions on Harbor protocol will work🧵 Emissions are the rate at which new coins are created and released. To increase the adoption of CMST, 50% of the total HARBOR token supply will be distributed to users in the form of emissions over six years. LPers can access rewards based on the amount of HARBOR tokens locked. Emissions will be distributed on a weekly basis 1st week - 1% of the total remaining tokens (500M) emitted 2nd week - 1% of the total remaining tokens (545M) emitted ... And so on... This design ensures that emissions gradually decrease over time as protocol adoption grows. The velocity of $HARBOR token emitted is dynamic and is based on the percentage of the total supply locked in veHARBOR by users. 👉Read More here: https://twitter.com/Harbor_Protocol/status/1633463898149105670 Harbor is the interchain stablecoin protocol on the Comdex chain that enables Cosmos assets to be locked in vaults and mint $CMST. Website | Twitter | Medium | Telegram

#CMST #OSMO 📢 Proposal #457 to incentivize $OSMO/$CMST pool (#857) on @osmosiszone is LIVE! $CMST is now recognized as a stablecoin & is part of the 3-token pool (#908). This proposal will add pool #857 to the regular incentives program of Osmosis. $CMST can currently be minted with a large range of decentralized interchain assets as collateral, which includes $ATOM, $OSMO, $stATOM, $stOSMO and more.. Stable-mint also allows for 1:1 minting of $CMST against bridged $USDC and $DAI. Vote now: http://bit.ly/3mxo6pN 🔄RT: https://twitter.com/Composite_Money/status/1633358263390724098 Composite $CMST is a decentralized, censorship-resistant, over-collateralized stablecoin, backed by interchain assets, and is built on the Comdex chain. Twitter | Medium | LinkedIn | Telegram