Mambo Stablecoins, mStables
Our Stablecoins
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All you must know about our stablecoin projects.
We plan to deploy at least 5 - 10 cool stablecoins, that are pegged on physical daily life assets, food, cars, moving averages, etc.
Read allthough our Homepage AND Stablecoin Protocol to fully understand our concept and vision, and to avoid investement or trading mistakes.
WARNING: DO NOT BUY the mStable Coins at a higher price than 103-110% of the pegged price. You may suffer loss by our seignorage trading or by arbitrage traders. You can allways buy it on MamboSwap for about 100-104%
If the price of a mStable in the DEX is above 103% of the pegged price, stay away and wait until it comes down or buy it here in the MAFRE. Mambo Fixed Rates Exchange or on another exchanges that offers the pegged price plus minus 1-3%. If the price is below the pegged price, we consider it as a good speculativ investement occasion.
Since Zil maybe very volatile above 10% change in one day, it will happen, that the pegged price is broken for short time. So stay cool.
One part of Mambo`s Stable Coin Phylosophy is: Avoid hectic if possible. Price correcting measures will often happen with latency and considering a moving average rather than price of the current hour.
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Why should you invest in mStablecoins?
- mStables protect against FIAT Inflation
- you finally have a stable cryptocurrency to make decentralized payments
- you can buy physical items with our stablecoin in more and more shops, accepting mStables.
- One of the main attraction of mStables will be: A part of the profits made by seignorage trading will be distributed to stakers or holders
- mStables are ideal assets for farming pools and vaults - yet to be made
Launch of 3 new Mambo stablecoins, August 3rd, 4th
3 new of it's kind Mambo stablecoins launched in August 2022
Each is pegged on the 2 years moving average of the underlying asset:
$MiniBTC, Mini BITCOIN contract address: zil1tma2udq07t9yddru4aus7ql7p5p29eneptx4jc
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$LIBERTY, GOLD Stablecoin contract Address: zil18w5yektqu7938727ldx9x87gxzrsu7stz6hqq4
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$007, 007 BOND Contract Address: zil1cx2ealcdx64d4qm92yvekceffkxgtxr2uhxh98
(pegged on Monero 2yma)
You can add them already to your wallet.
Join our telegram group to receive updates!
https://t.me/MamboToken
They are launched on MamboSwap and zilall.com limit orders DEX.
First opens MamboSwap, and shortly after this we open a zilall LP with a sell walll near the peg.
To buy on MamboSwap you need $FRANC, on Zilall.com you need Zil.
Always compare prices and rates and swap where it is better.
Attention: Because $FRANC is currently off peg, this may lead to volatiliy of the $FRANC - NewStable rate.
If you need to buy $FRANC, you most probably get a better price on zilswap, then zilall Dex than on MamboSwap.
If you use zilall.com dex, we recommend to swap with Zil, not zUSDT, because zUSDT has low liquidity there and this cause more price slippage.
plannted launch time:
$MiniBTC: August 3, about 21:00 GMT +1 (central europe)
$LIBERTY : August 3, about 23:45 GMT +1
$007: August 4, about 10:00 am, GMT +1