Comdex: Devnet-2 and the Academy
Comdex, a blockchain-based platform which specializes in the trading of commodities within its decentralized blockchain, has done it again. What have they done this time around?
Remember, in previous articles, I mentioned that the platform had the Devnet of their decentralized synthetics exchange launched? This happened last month, March 2022, and the DEX was called the Comdex Web App, which could be used to:
- Store and withdraw CMDX (the platform’s official) tokens;
- Mint, farm, and swap tokens;
- Hodl and retrieve CMDX, OSMO, UST, XPRT, ATOM, and LUNA;
- Convert CMDX to cAssets, which include cOIL, cGOLD, and cSILVER;
- Borrow cAssets using CMDX, OSMO, UST, XPRT, ATOM, and LUNA;
- Join the governance, stake, and earn;
- Take part in auctions, liquidize assets, and gain assets through discounts.
To keep up with developments, the Comdex Web App has been updated with bugs fixed and newer special features also included.
What are the New Devnet-2 Features?
A lot has been happening on the Comdex ecosystem and the project is stopping at nothing to make sure all its development process is progressive and void of bugs.
Devnet-1 has been under the debugging process to have all problems and bugs reported by the Comdex community and users fixed. After the debugging, Devnet-2 is now LIVE with amazing new features added to its Webapp.
Among the new features, users can now bring $ATOM, $LUNA, $OSMO faucets (that is, testnet tokens) to trade and use on the cAsset WebApp.
Devnet WebApp: https://dev-cassets.comdex.one/
All this is to make sure that everything in the Devnet is working as they should be and all ready so that transition to the incentivized testnet can be smooth and people would not have any issue while they are using it to earn rewards.
Nevertheless, most people do not know much about the tokenomics of the Comdex community, but want to participate earnestly. Therefore, the Comdex management decided to add something new and intriguing to the community.
The concept of commodities as synthetic assets and how to trade them may be a very confusing phenomena to some users, but Comdex has us all covered.
Comdex has now released the version 1 of the Comdex Academy, where new and curious users can learn all they need to know about Synthetics and the different facets of cAsset — the Decentralized Synthetics Exchange.
Those who are early in attendance will have access to the first cAsset module in the Academy and be given a head start on what next will come in the series of modules explaining every detail and utility of the Comdex ecosystem.
As Comdex is working towards an incentivized testnet soonest, also know that the Academy will also be a part of this testnet and users will be incentivized only they finish a course.
The Academy is now Live! Visit the link to join in: https://academy.comdex.one
Come back next week for full details on these new developments within the Comdex community, and expect more. For now, buy your CMDX and stake, to earn. Be a Comet now.
And see you soon.
Comdex is a decentralized synthetics protocol in the Cosmos crypto network; and as a product of the Persistence platform, Comdex develops possible solutions for the decentralization of finance (DeFi) by handing over to investors the knowledge about a widened scope of asset classes and rewarding projects.
To keep up with updates concerning Comdex’s monetization processes, you can follow up on: