Comdex Community Newsletter

COMDEX
Comdex Official
Published in
3 min readFeb 3, 2022

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Wow, what an incredible start to 2022! As we welcomed in the new year we pushed hard on our journey to democratize finance, particularly in platform development & integrations to ensure we meet our targets for Beta & full platform launch.

We also crossed 26,000 unique wallet addresses on the Comdex chain with almost 200,000 transactions completed of which more than 50,000 were IBC transactions. Such stats show the strength & momentum within our network as adoption increases. In addition, we continued to build traction on social media hitting 15,000 Twitter followers by mid-January & our Co-Founder & COO appeared on a livestream with CryptoCito. Let’s dive into the details below.

Key Statistics:

- Daily volume exceeded $4 Million for the first time.

- Comdex Unique Wallet addresses exceeded 26,000.

- We have more than 190,000 transactions of which more than 50,000 are IBC transactions.

- Our block height exceeded 1,000,000.

- Our staking ratio is currently 56%.

- We currently have over $16 Million in CMDX in LPs on Osmosis Dex.

Checkout more on-chain data here.

Integrations & Development:

- $CMDX was listed on JunoSwap on up & coming Dex in a $Juno/$CMDX pool.

- $CMDX was listed on CoinCodex, a data site that tracks all the important analytics & provides users with a range of tools.

- Comdex gained a new staking platform with EZstaking, now it’s easier than ever to delegate your $CMDX

- $CMDX was listed on BlockSpot, Blockspot.io is an incredible data platform that provides all the latest insights & has links to several key resources.

- Comdex is now featured on AtomScan, AtomScan is a block explorer that allows users to understand all the key on-chain metrics.

- One of our Comdex interns produced this useful staking rewards calculator website, now you can easily calculate your expected returns.

Community updates:

- The official Comdex Cadets program has launched with hundreds of applicants & only 20 successful Cadets.

- Our Co-Founder & COO Siddarth Patil held a livestream with Cryptocito where they discussed the upcoming platform launch, synthetic commodities & more. Don’t worry if you missed it, you can still catch it here: https://www.youtube.com/watch?v=aBPq2v1FB8c

-We launched our official Comdex newsletter & invited our community to sign up. Here you will receive all of the details from the recent month along with exclusive hits & leaks about the agenda for the month ahead.

- Checkout this informative deep dive thread we produced to help our community understand Synthetic Commodities.

- We crossed 15,000 followers on Twitter & have 12,900 Telegram community members. The growth in our community over the last month has been phenomenal, as our key mission is to ‘Democratize Finance’ . Community support & growth is one of the most important metrics for the team at Comdex.

- Our governance proposal for incentivizing pool 610 on Osmosis Dex: $CMDX / $UST has passed. So now you can earn yield on your $CMDX along with UST the stablecoin of the Terra ecosystem.

As we push deeper into 2022 Comdex has some exciting developments brewing, so stay tuned & follow our journey:

Comdex.One |Telegram chat | Telegram Announcement |Twitter |Discord |Reddit | Linkedin

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