Today I take a look at Comdex's new harbour protocol testnet. This is the next step in DeFi evolution on the Cosmos, where overcollateralised stable coins are making a debut, as well as systems to stake/invest these tokens and use these coins to buy assets at auction for cheaper than market rates. I is excite!
If you would like to support the channel feel free to treat me to a coffee☕ or donate some OSMO here:
Coffee:
https://www.buymeacoffee.com/cryptoco...
Osmo address:
osmo1mn532m07sq5nqgwqrmyj28seqqweyjxahre2dx
I am a huge fan of useful crypto technology, have a degree in Financial Management, and I believe in the future of the blockchain. However I am not your financial advisor. So please consider all variables before making a financial decision.
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0:00 Introduction
0:30 How overcollateralisation works
1:05 How to claim testnet tokens so you can have a play
1:40 My positions
1:48 Current assets and how to deposit
2:00 Minting $CMST
4:20 Earning with $CMST
4:50 Use $CMST to buy assets below market prices at action
5:40 Conclusion
This video is sponsored by Comdex