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Composite

Composite
1 CMST =
 $ 1.00
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Market Capitalization:
952.84K $
Circulating supply:
950.59K CMST
Maximum:
950.59K CMST
Volume (24h):
9.07K $
Daily range:
0.99 - 1.01
Changes (7d):
+0.12%

Cryptocurrency Composite (CMST)

The price for Composite (CMST) cryptocurrency is currently 1.00 $ (15 min delay), daily range of currency change is 0.99 - 1.01 .
Last 24 hours news: trading volume - 9.07K $, price variance -0.28% .
The highest trading volume belongs to the pair IBC/23CA6C8D1AB2145DD13EB1E089A2E3F960DC298B468CCE034E19E5A78B61136E/IBC/498A0751C798A0D9A389AA3691123DADA57DAA4FE165D5C75894505B876BA6E4 at the Osmosis exchange

Project Website - https://harborprotocol.one/home
Explorer of transactions - https://www.mintscan.io/comdex/assets
Twitter Account - https://twitter.com/Harbor_Protocol

Chart Composite (CMST)

Current price Composite (cmst) 1.00 $
Market Capitalization 281.71K $
Trading Volume last 24h 795.66 $
Minimum exchange rate (24h) 0.86 $
Maximum exchange rate (24h) 0.91 $
Market cap rank № 3290
Absolute maximum 1.15 $
Absolute minimum 0.34 $

Composite Quotes

#
Exchange
Pair
Price
Spread
Volume
Last traded
1
0.89 $
0.888731$
0.64% 1.63K $ 2024-03-25 09:14:12
2
0.88 $
0.884586$
0.62% 256.20 $ 2024-03-25 09:16:34

What is Composite (CMST)

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

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