Weekly Highlights from Comdex
At Comdex, the previous week was a week of successes. It's been a long week, and there's still a lot to go through. It's the end of another week at Comdex, which has been full of interesting announcements and improvements.
Let's get started with the majority of these achievements, which are grouped into numerous categories. Read on to learn about all of the previous week's significant upgrades and announcements.
1. Conducted a Special Telegram Community AMA
A special AMA section was conducted for the Comdex Telegram Community because a landmark of 4000 subscribers was surpassed in the Telegram Community. The team will be releasing an AMA blog about it soon.
Meanwhile, you may check out the previous AMA features below, where all of the community members' concerns were addressed.
AMA Features
2. Meet the Validators
The Testnet has been operational and error-free since its inception. The team already implemented over 40 validators, and are looking for more. Validators intent in participating should submit an email to info@comdex.one
Visit http://comets-test.comdex.one to see the Testnet Explorer
3. Shivam Chhuneja Interviewed Comdex’s Founders
Last week, YouTuber and Influencer Shivam Chhuneja invited Comdex's founders, Abhishek Singh and Siddarth Patil, on his channel to address Comdex's ambition, strategy, and goals for the Indian Crypto Community.
4. Winners of the Airdrop Bonus
Comdex team offered a $CMDX Airdrop bonus the previous week. Supporters entered into a drawing for a chance to win $100 CMDX.
Here is a rundown of all the fortunate individuals who received 100 CMDX in Airdrop Bonus out of the 500+ entries. All of the winners deserve appreciation.
@buktor79 @D3xTrS_Lab @reimei_yama @Moonboy84 @makitango1 @AlpharezCC @ymKbw5A4DjklKu5
A lot is going on behind the scenes at Comdex, and the team is looking forward to sharing more exciting news with you. Keep yourself up to date.
About Comdex
Comdex is a network made up of various components, including a trade discovery platform, trade settlement, and trade financing with KYC/AML checks.
With a positive plan to revitalize the basic concept of international commodity trade to reduce settlement times and optimize accountability, effectiveness, and immutability in trade discovery and trade financing at incredible speeds.
CMDX is the Comdex chain's native token, and it will be critical in assisting Comdex in realizing its objective of creating a democratizing financial environment.
In the Comdex ecosystem, CMDX serves five essential roles, these key roles include:
1. The network's staking economy is powered by CMDX, the chain's native coin. The network is protected by transaction fees and CMDX staking.
2. Owners of CMDX can participate in protocol governance. CMDX holders have a role in important protocol choices including whitelisting synthetics and collaterals for usage on the platform.
3. Users of the Comdex synthetics app can use their CMDX holdings as collateral to generate and trade synthetic cAssets on the exchange.
4. Liquidity providers and other network members will be rewarded with CMDX tokens.
5. CMDX tokens will be produced and burnt to keep the network's cAssets stable and the network's net debt stability.
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