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Commodo

Commodo

Commodo is a Borrowing/Lending Platform on Comdex.

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testnet.commodo.one
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Organization
Cryptocurrency
Cryptocurrency
Company
Company

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Patents Assigned (Count)
1

Other attributes

Company Operating Status
Active
Medium URL
medium.com/@Commodo_Finance

Commodo is an IBC-native lending and borrowing platform in Comdex Ecosystem and uses the Lend module, which exists exclusively on the comdex-1 chain.

Its main goal is to provide a secure, liquid, and easy-to-use platform to provide passive income for IBC asset holders. In the future, Commodo will equally support the bridged assets of other ecosystems, synthetics assets, & other digital assets and allow them to be plugged into its earning mechanisms.

By interacting with the platform, depositors will be able to lend digital assets and receive yields on them. Conversely, borrowers will be able to borrow whitelisted assets by keeping their lent assets as collateral, subject to dynamic interest rates. The utilization of the assets determines these rates on the platform.守动态利率。资产的利用率决定了平台上的这些费率。

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Patents

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