Synthetic asset protocol Comdex announced an airdrop for XPRT holders and stakers based off an Oct. 8 snapshot, compounding October’s already on-fire Cosmos ecosystem airdrop season.
Those holding at least 1 XPRT in a non-custodial wallet are eligible for CMDX, the new Cosmos-based token for Comdex. A maximum of 1,500 CMDX was instituted for the airdrop.
There have been no token sales or an ICO, meaning the airdrop is the only way to obtain the token. CMDX token distribution is as follows:
- 25% for team and advisors
- 12.5% for airdrops
- 25% for treasury
- 25% for liquidity mining
- 12.5% for community DEV fund
“Comdex is a decentralized synthetics protocol on Cosmos,” Comdex Co-founder and COO Siddarth Patil said. “By leveraging the interoperability of Cosmos, with the potential of synthetics, Comdex can help users gain global accessibility in finance.”
XPRT holders can go to a webpage and see how many tokens they will get:
Comdex said in a recent AMA that ATOM holders would also be getting an airdrop, with details to be released at a later date.
Rumors are also flying that a LUNA airdrop is coming as well, but this has yet to be confirmed.
The IBC-enabled Comdex sovereign chain is expected to go live in November.
