关于 Composite

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 . 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

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