Cosmos-based Protocol Harbor Live On Mainnet
Users can use axlUSDC on the protocol to manufacture CMST, the native stablecoin on the Comdex chain. By placing CMST in the Locker module, users are also given the opportunity to earn interest.
The Comdex chain’s Harbor protocol is a decentralized application (dApp) that allows secure listed assets to be kept in vaults and mint CMST. It is powered by the Cosmos SDK and CosmWasm smart contracts.
The protocol’s StableMint feature, which guarantees that CMST retains its peg in secondary markets, also lets market makers and users profit from arbitrage possibilities.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
The US DOJ investigates Polymarket for Alleged Illegal US User Bets Polymarket, for allegedly permitting…
Ethereum’s ICO was priced at around $0.30 per token, and today, it’s valued in the…
If you’ve been regretting missing out on Cardano, Qubetics ($TICS) might just be the ticket…
The Shiba Inu price is on track to reach a new ATH of $2, while…
So, you’re on the lookout for the next big thing in crypto? Aren’t we all?…
Miami, Florida, 13th November 2024, Chainwire
This website uses cookies.
