Composite
CMST #8715Project Safety Score: 20%
Updated 2 hours, 21 minutes ago& Market
Credibility
Behavioral
Mechanics
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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
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
