Commodo

💻Builders Assemble! Get ready for the first-ever COMDEX Hackathon powered by @DoraHacks Starting from June 19 till August 26, 2023 🧵..

Hey there, Comdex community! Our revamped website is now Live!🔥 ✔️New look ✔️Access to Comdex dApps ✔️Ecosystem Partners Page ✔️Comdex for Devs And more! Check it out 👇 comdex.one

Comdex Community Dev fund has been in action recently! Dive into how WhiteWhale is working to enhance interchain liquidity, democratize market-making opportunities, foster an inclusive & efficient financial landscape Comdex X @WhiteWhaleDefi💪 🔖Read bit.ly/3WO2EuH

🔖Read what lies ahead in the Comdex Ecosystem for the year ahead as we share our updated roadmap. medium.com/comdexofficial…

Stay tuned! 🔹Incentives and new cPools listings are right around the corner! 🔹Mint $CMST from @Harbor_Protocol and earn yields on Commodo now!

Step 4: Select the asset from the dropdown and then click on Borrow.

Let's take a look again at how you can Lend and Borrow assets on Commodo 🧵

Have you learned about how to mint $CMST and what you can do with it? Mint CMST and use it wisely on @cSwap_DEX & @Commodo_Finance Try it yourself: app.harborprotocol.one 🧵..

New cPools of assets to be listed very soon ⏳ ▶️Check out the Commodo app today: commodo.one ▶️For more information on the platform 👇 @Commodo_Finance" target="_blank" rel="nofollow noopener">medium.com/@Commodo_Finan… ▶️Mechanism Docs: docs.commodo.one

Until the outstanding debt is entirely repaid, the platform keeps on auctioning the asset. It stops once the position reaches its health factor > or = 1. The remaining portion of the user's collateral remains and can continue to be utilized as collateral on the protocol.

In our educative thread series explaining the mechanism and process, let's understand how liquidation is triggered on Commodo. 🧵..