About Composite
COMPOSITE - CMST is a collateralized stablecoin for Interchain built on Comdex chain.
Inspired mainly by the robust and reliable model built by MakerDao for $DAI stablecoin, $CMST can be minted permissionless-ly as a debt against collateralized CDPs of interchain assets.
Composite can be minted on https://harborprotocol.one/home . Users can choose from a wide range of Cosmos ecosystem assets and interchain assets as collateral to mint $CMST. $CMST’s mechanism is designed to be the most reliable model for stablecoins, which is censorship-resistant, permissionless, and decentralized.
Composite is a stablecoin designed to be a stable representation of purchasing power and is therefore soft pegged to $1; however, as the global macro landscape develops, that may be subject to change in the future.
CMST and Harbor Protocol References
Website: https://harborprotocol.one/home
Mechanism Docs: https://docs.harborprotocol.one/
Code Audit Report: https://github.com/oak-security/audit-reports/tree/master/Comdex
Community Channels:
Harbor Protocol on Twitter - https://twitter.com/Harbor_Protocol
Composite Money (CMST) on Twitter - https://twitter.com/Composite_Money
Composite Money (CMST) Community Chat: https://t.me/Composite_Money
Forum: https://forum.comdex.one/
Blog: https://blog.comdex.one
