The Rise of DeFi — Over the recent years the growth of DeFi products have seemed to have taken the world by storm. As of 2020, decentralised finance (DeFi) had gained traction and by September 2020 it had grown to a $7 billion market. Fast forward to now reports have shown that the total value…

Introduction — It has come to the knowledge of the crypto community that Comdex has been working on its overcollateralized stablecoin, the Composite $CMST. The stablecoin is meant to service the whole Cosmos ecosystem. Let’s see what a stablecoin is, and the types of stablecoins available, paying more attention to why Comdex…

Staking offers crypto holders a way of putting their digital assets to work and earning passive income without needing to sell them. Staking is considered one of the safest ways to generate yields. This is because the rewards obtained from staking your L1 assets(cash, stocks, and bonds) come from network…

There’s been a lot of buzz about cryptocurrency lately. And one of the currencies to bring the crypto industry into the limelight is BITCOIN. In the Scallop Chain ‘Know your Crypto’ series, the focus of this article will be on BITCOIN. …

The acceptance of cryptocurrency has steadily grown over the years and some of it has been introduced into real-world use cases. There are, however, some challenges that need to be overcome in order for virtual currencies to be brought to the mainstream. Such challenges are: Overcoming costs when moving between…

There are many things that can be done on a crypto exchange but, before we mention them, let’s get ourselves reacquainted with what a cryptocurrency exchange is. A cryptocurrency exchange is an online marketplace where users buy, sell, and trade cryptocurrency. Crypto exchanges work similar to online brokerages, as users…

The Cosmos Ecosystem has, over the years, been growing and developing a wide variety of products and assets to achieve its aim of decentralizing finance. Comdex, the DeFi infrastructure layer of the Cosmos ecosystem, has also been doing a lot of work to bridge the gap between Centralized Finance and…

A commodity is a tangible good used in social dealings between people, and it is often interchangeable with other goods of the same type. …

Scallop Chain is the world’s first regulated public blockchain with the unique feature of powering cross-chain financial applications to establish a better DeFi future. The Scallop Chain is a cosmos chain using the Tendermint PoS Consensus mechanism. …