Borrowing/Lending Platform on Comdex $CMDX

Comdex Chain
Joined April 2022
💻Builders Assemble! Get ready for the first-ever COMDEX Hackathon powered by @DoraHacks Starting from June 19 till August 26, 2023 🧵..
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Hey there, Comdex community! Our revamped website is now Live!🔥 ✔️New look ✔️Access to Comdex dApps ✔️Ecosystem Partners Page ✔️Comdex for Devs And more! Check it out 👇 comdex.one/
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Comdex Community Dev fund has been in action recently! Dive into how WhiteWhale is working to enhance interchain liquidity, democratize market-making opportunities, foster an inclusive & efficient financial landscape Comdex X @WhiteWhaleDefi💪 🔖Read bit.ly/3WO2EuH
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🔖Read what lies ahead in the Comdex Ecosystem for the year ahead as we share our updated roadmap. medium.com/comdexofficial/co…
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Let's take a look again at how you can Lend and Borrow assets on Commodo 🧵
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Step 4: Select the asset from the dropdown and then click on Borrow.
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Stay tuned! 🔹Incentives and new cPools listings are right around the corner! 🔹Mint $CMST from @Harbor_Protocol and earn yields on Commodo now!
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Have you learned about how to mint $CMST and what you can do with it? Mint CMST and use it wisely on @cSwap_DEX & @Commodo_Finance Try it yourself: app.harborprotocol.one 🧵..
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In our educative thread series explaining the mechanism and process, let's understand how liquidation is triggered on Commodo. 🧵..
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Until the outstanding debt is entirely repaid, the platform keeps on auctioning the asset. It stops once the position reaches its health factor > or = 1. The remaining portion of the user's collateral remains and can continue to be utilized as collateral on the protocol.
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New cPools of assets to be listed very soon ⏳ ▶️Check out the Commodo app today: commodo.one ▶️For more information on the platform 👇 medium.com/@Commodo_Finance ▶️Mechanism Docs: docs.commodo.one
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