What Does Comdex’s ShipFi System Offer?

Samson Anthony
3 min readFeb 27, 2022

--

ShipFi (the trade system involving the marketing between traditional and decentralized finance) is scheduled to have its last cornerstone laid before the end of the year 2022, only on Comdex.

ShipFi lets you easily convert your off-chain financial assets into synthetic assets based on stablecoin with reliable stabilized prices. Furthermore, for as a Liquidity Staking investor, you are given the added advantage of frequent rewards based on stablecoin prices.

Comdex through will enable you to gain more liquidity, as well as easy access to traditional finance, the merits of participating in real estate, and decision privacy.

How Does Comdex’s ShipFi Address the Issues of Liquidity and Real Estate?

Comdex’s ShipFi will boost your liquidity by guaranteeing your ease of trade and stress-free carrying out of transactions across the blockchain, whilst getting loads of rewards on a regular basis.

As for real estate, where does this come in on an article meant to discuss cryptocurrency? That is what you are about to find out.

First, remember I stated very well that ShipFi bridges centralized and decentralized finance? Right, this is where the matter of real estate comes in. Via both direct and vice versa investment opportunities, you (as a real estate investor) will gain access to stabilized income-generating asset classes, where you will be able to convert your real estate profits into synthetic assets with values attached.

You will also be able to participate in Liquidity Staking with your synths, or you can also take loans from other stakeholders or investors to participate in the CMDX liquidity pools.

How ShipFi and Trade Finance Work Hand-in-Hand to Secure Simple and Direct Transactions

Trade finance is the combination of various financial tools used by institutions to efficiently operate in domestic and international trade. It is a known fact that financing trades make the carrying out of transactions an easy task, hence the need for trade finance. Where does ShipFi come in though?

Just like in the foreign exchange (Forex) market, the ShipFi system will also deal on an international level. You, as a trader, will be able to easily gain access to assets pertaining to trade finance on-chain (on the blockchain).

What is Private Equity, and How Does It Operate on ShipFi?

Imagine you are to choose between several investment options via the following ways:

  • Direct placements.
  • Fund subscription through Comdex’s sponsorships.
  • Contact with experienced fund managers.

… and with these, you can make further wise choices on investment, scale heights in liquidity staking; earning more than you would have ever done in the normal methods of traditional finance (TradFi).

In the ShipFi system, you are fairly given privacy on how to invest your synths (cAssets) wisely.

Fungible Ownership Representative Tokens

When commodities and assets are brought on-chain, they are collected by investment vehicles and backed up with stablecoins & represented as fungible tokens.

These tokens when issued to users/investors, represent the ownership rights of the investment vehicles and can be used to trade on the market or involved in liquidity to earn more yields.

These tokens are called “Fungible Ownership Representative Tokens”.

Introducing the SHIP Token

$SHIP is will be the native token of the ShipFi.

Holders of $SHIP will have a governance right on Comdex & it will be used for incentivization in the ShipFi platform.

When Fungible Ownership Representative Tokens are gotten, they are staked on liquidity pool (LPs) where they earn yields in stable coins and the $SHIP tokens.

About Comdex

Comdex is a decentralized synthetics protocol and a product of the Persistence platform.

Comdex develops possible solutions for the decentralization of finance (DeFi) and the democratization of commodities by handing over to investors the knowledge to a widened scope of asset classes and rewarding features.

Join the Community and stay updated:

Website| https://comdex.one/home

Twitter| https://twitter.com/ComdexOfficial

Telegram| https://t.me/ComdexChat

Medium| https://blog.comdex.one

Reddit| https://reddit.com/r/ComdexOne/.

--

--

No responses yet