stCMDX is the token received in exchange for staking CMDX with Stride. CMDXis the native token of Comdex. Comdex is an Interchain DeFi Infrastructure project in the Cosmos Ecosystem. By staking CMDX with Stride, users can mint stCMDX, which are redeemable for CMDX at a 1:1 ratio, subject to the unbonding period on the Comdex blockchain. Stride currently supports liquid staking CMDX on its mainnet, which launched in late July 2022. With stCMDX, users can retain liquidity in their staked tokens while also earning staking rewards. stCMDX can be staked now on Stride at app.stride.zone.

Stride is a multichain liquid staking zone (appchain) in the Cosmos Ecosystem. Stride allows users to stake any IBC-compatible tokens, and receive stTokens in return, which are redeemable for the original token at a 1:1 ratio. By staking their tokens using Stride, users will be able to earn staking rewards, while also retaining liquidity in the form of stTokens, which will allow them to take advantage of Cosmos DeFi and pursue more yields there.

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