Commodo will be an interesting use case built on Comdex. I'm looking forward to playing some strategies with this.
- Deposit CMDX staking rewards into a vault each day to mint some CMST.
- Deposit minted CMST into Commodo.
- Add yield from lending CMST back into the vault with staking rewards to keep growing the positions.
- Rinse and repeat every day.
- Liquidation of CMDX vault - low risk due to extra collateral being added every day.
- Platform risk on Commodo of deposited CMST.
- Yield on CMST being low/not worth the effort.
Just one play I am thinking of.
Can't wait till these platforms go live.
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