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to discover moreWhat is Harbor Protocol?
A publicly governed protocol enabling the minting of $CMST by collateralising interchain assets.
Mint
Mint Composite ($CMST), an IBC-enabled stablecoin for the multichain
Govern
Participate in the governance of the protocol
Earn rewards
Claim rewards for locking tokens, including rebases, fees, and external incentives
Auctions
Participate in auctions to earn discounted collateral
Why Harbor?
Native Stablecoin for Cosmos Ecosystem
Access to $CMST liquidity on crypto assets
Lending & Liquidity Provisioning yield from $CMST
Composite Money - CMST
Overcollateralised
Every Composite stablecoin generated is backed by excess collateral, and hence its supply is always less than the value of collateral locked in Harbor Protocol
IBC Native
From inception CMST is an IBC (Inter‐Blockchain Communication protocol) enabled stable coin
Earn Yields
Users can earn yields by locking it in Harbor protocol and on Commodo App
Decentralised
All decisions of the protocol functioning and parameter changes are voted on through governance which makes the protocol decentralized