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Comdex - Democratizing Finance Profile picture
@ComdexOfficial
Feb 10, 2022 • 6 tweets • 6 min read • Read on X
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Review what's new in the Cosmosverse with our weekly ecosystem update.⚛️

🚀The @Cosmos ecosystem is growing by leaps and bounds.

🔍Let's check out this week's developments!
Great job, pSTAKE, for the substantial increase in stkTOKENs minted! 🙌

📈Since @pStakeFinance launched, the demand for $ATOM and $XPRT liquid staking is increasing dramatically; with stkTOKEN mints up 17.7% on the year.

🌐Stake with pSTAKE: pstake.finance
Amazing work, Injective Protocol, for achieving 100K Twitter Followers! 🐦

👀@InjectiveLabs has been picking up steam regarding project activity and turning head as a result.

🥳Congratulations on joining the six-figure follower club!
Bravo, Akash, for enabling $AKT deposits on Kava Network.👏

🔋@akashnet_ and @kava_platform have teamed up to allow $AKT deposits and will be hosting $AKT #Surge.

💰$AKT investors will be able to enjoy increased APYs on their holdings.

📅 Feb 24th
📍bit.ly/3HDnMLO
Awesome job, Chihuahua, for getting listed on Injective Pro!🐶

💰Now it's possible to trade the @Cosmos ecosystem's cutest meme coin on @InjectiveLabs!

♦️Trading pair: $HUAHUA / $USDT

🌐Read more: bit.ly/34mxLqF
📲Trade now: bit.ly/3JdrWKP
Join the movement:

♦️Website: comdex.one/home
♦️Twitter: twitter.com/ComdexOfficial
♦️Telegram: t.me/ComdexChat
♦️Medium: blog.comdex.one
♦️Reddit: reddit.com/r/ComdexOne/

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More from @ComdexOfficial

Comdex - Democratizing Finance Profile picture
Feb 28, 2022
In this thread, we are going to compare the rapid rise of #DeFi 📈 over recent years to the massive legacy centralized financial system (CeFi) that it aims to disrupt.
The size of the Global centralized finance markets including derivatives is an estimated 486 Trillion USD. 💰

By comparison, the 205 Billion USD DeFi is tiny and still in early adoption, so capturing even a portion of this market would mean a huge boost for the DeFi industry. 🔥
As you can see the growth in DeFi protocols has increased rapidly since DeFi's inception. 🚀

However, even with this rapid growth, the total market capitalization is still comparatively very small, compared with that of CeFi.
Read 7 tweets
Comdex - Democratizing Finance Profile picture
Feb 25, 2022
Learn the benefits of commodity exposure in times of global tension.🌏

📉In a world governed by unforeseen circumstances due to geopolitical or natural phenomena, risk-on assets have experienced volatility, adversely affecting the price of #cryptocurrency. Image
🛡Investors have shifted focus from ROI to capital preservation.

⬇️With speculative investments losing favor due to international uncertainty, the #crypto market cap over the last 3 months has realized a reduction of 41%.
🏗Commodities have appreciated 13% during the same period, proving that this reliable and much less volatile asset class deserves a spot in every investor's toolbox.

🌐Learn more: bit.ly/3AxiaQu
Read 4 tweets
Comdex - Democratizing Finance Profile picture
Feb 11, 2022
#Blockchain & Global #SupplyChains

🏗At Comdex, we are on a mission to revolutionize how the world interacts with #commodity commerce.

🔧Our commitment to modernizing this industry is steadfast; we believe that the future belongs to those who work smarter (not harder).
🚢Blockchain doesn't only have the potential to transform the way it conducts commodity trading; it can also improve the way those commodities are transported.

⛓While the supply chain has enabled globalization, its weaknesses have been brought to the forefront.
📦Due to antiquated technology and physically maintained paper audit trails; legacy #SupplyChains are largely inefficient.

💻While this method of record-keeping happens to be an industry standard, there is an opportunity to gain efficiency via blockchain #technology.
Read 9 tweets
Comdex - Democratizing Finance Profile picture
Feb 9, 2022
Comdex Weekly Statistics Update #7🏗️

🔍Recent key highlights:

♦Total wallet addresses exceeded 28,405.
♦Total transactions are up 11% over the past 7 days.
♦IBC transactions increased 33% over the past 7 days.
$CMDX airdrop is now claimable for eligible participants.⚡️

🚨If you held $ATOM, $LUNA, $OSMO, or $XPRT, you may be eligible to claim your $CMDX airdrop!

ℹ️Find out here: airdrop.comdex.one

🌐Step-by-step guide: bit.ly/3saTKdk Image
$CMDX Yields:

💰$CMDX liquidity pools were incentivized on Osmosis:

♦️ $CMDX- $OSMO: 113% APY
♦️ $CMDX- $ATOM: 112% APY
♦️ $CMDX- $UST: 31% APY Image
Read 10 tweets
Comdex - Democratizing Finance Profile picture
Feb 8, 2022
Within an inflationary environment, #Commodities are an integral part of an all-weather portfolio, this is due to their ability to remain stable during times of instability.

Reduced volatility & diversification generally equates to reduced risk. 🎯 Image
Within the basket of overall commodities referenced above there are also specific commodities that serve as effective hedges during market uncertainty.

🥇For example following the 2008 financial crash the precious metals rebounded quickly and helped preserve investor capital. Image
⚙️ Other commodities such as Oil are dependent on global supply & demand fluctuations as well as geopolitical risk within Oil-producing nations.

However, since they are an indispensable part of our global economy they can provide an effective hedge to riskier investments. 📈 Image
Read 7 tweets

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