Comdex is a Decentralized Commodity Synthetics Protocol Mainnet Blasts Off November 20
November 19, 2021, 8:10 pm
Mainnet launch is key step towards creating a gateway for capital flow from DeFi into CeFi.
•Comdex - a decentralized synthetics protocol striving to bring efficiency, transparency, and trust to the $17 trillion commodity trade and trade finance industries - is readying its mainnet launch for a November 20th take off.
In addition to its synthetics protocol, Comdex’s enterprise trading platform creates NFTs of real-world commodity assets on the Persistence blockchain, which enables users to securely and seamlessly exchange ownership of NFTs on-chain. Its ShipFi platform, a dApp in the Comdex ecosystem set for a 2022 launch, will enable DeFi investors to provide liquidity to CeFi debt assets and allows for the digitization and exchange of real-world assets for currency-backed stablecoins.