RE: Taking A Look At Commodo - The New Lending And Borrowing Platform Being Built On Comdex

Commodo will be an interesting use case built on Comdex. I'm looking forward to playing some strategies with this.

Deposit CMDX staking rewards into a vault each day to mint some CMST.
Deposit minted CMST into Commodo.
Add yield from lending CMST back into the vault with staking rewards to keep growing the positions.
Rinse and repeat every day.

Risks being:

Liquidation of CMDX vault - low risk due to extra collateral being added every day.
Platform risk on Commodo of deposited CMST.
Yield on CMST being low/not worth the effort.

Just one play I am thinking of.

Can't wait till these platforms go live.