COMDEX MONTHLY HIGHLIGHTS — DECEMBER 2021

Samson Anthony
3 min readJan 1, 2022

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The Comdex team had an incredibly eventful December, sequel to the successful launch of their mainnet on the 20th of November, 2021 which was commemorated with a colorful launch party; the like of which has not been seen before, featuring amazing people from across the Cosmos ecosystem with speakers from Persistence, pStake, Exido, Umee, and many others.

The launch party was live-streamed to supporters globally and can be watched via this link:

https://www.youtube.com/watch?v=N96DC6F8Lsc

Presented in this article is a brief recap of some of the remarkable events that ensued in Comdex throughout December 2021.

  • LAUNCH OF LIQUIDITY BOOTSTRAPPING POOL (LBP) FOR THE $CMDX TOKEN ON OSMOSIS DEX

In December, the Comdex team launched the Liquidity Bootstrapping Pool for the $CMDX token on Osmosis decentralized exchange, and members of the community were given a chance to participate in the price discovery of the $CMDX token which was accomplished using a reverse dutch auction.

A reverse dutch auction was implemented to make it difficult for individuals who buy in large quantities to corner the market early and dump their tokens on investors that entered the market a little late.

Hence, the price of the $CMDX token started very high at the beginning and then it gradually recedes throughout the three-day sales period.

  • INTEGRATION WITH OMNIFLIX AND UNAGII

It has always been customary for the Comdex team to integrate the best platforms in the cryptosphere and they have been relentless in securing beneficial partnerships with leading protocols to deliver top-notch services to their clients.

On the 4th of December 2021, the $CMDX token was integrated into two prestigious staking platforms: Omniflix and Unagii, providing holders of the Comdex native token an opportunity to gain enormous passive returns for staking.

Omniflix is a P2P network that was developed for creators and Decentralized autonomous organizations (DAOs) to create, organize and monetize Non-Fungible Tokens and social tokens on all parts of blockchain networks.

To stake your $CMDX tokens on Omniflix, click on the link below:

https://comdex.omniflix.co/

Unagii is a fully automated yield platform that offers staking services to its clients and intends to deliver access to DeFi yields to millions of people.

It is very easy to earn rewards with your $CMDX tokens, simply connect your wallets and stake your $CMDX.

To stake your $CMDX tokens on Unagii, click on the link below:

http://app.unagii.com/stake/comdex

  • COMDEX AMBASSADOR PROGRAM

The Comdex team announced they require exceptional ambassadors to join their ambassador program and provide support to the Comdex team

Anyone who is passionate about crypto and is a dedicated leader from anywhere in the world can apply via the link below:

https://ambassador.comdex.one/

For more details regarding the ambassador program check out the link below:

https://blog.comdex.one/seeking-world-class-comdex-cadets-547ddd3bd37b

As the year comes to a close, the Comdex team has high hopes for the coming year and will continue in their resolve to democratize finance. The team is determined to complete their trade finance platforms and retain lots of outstanding listings and integrations.

The team has announced that they will be providing clients frontage to an entire multitude of commodities and trade finance tools wike leveraging the speed, fungibility, and security of blockchain technology.

For more information, visit;

Website: www.comdex.one

Twitter: www.twitter.com/ComdexOfficial

Telegram: https://t.me/ComdexChat

Announcement: https://t.me/ComdexAnnouncements

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