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About Investing in Lambo
Lambo Investments is a semi-DeFi product on the Waves blockchain that is driven by the automated market order execution system based on pre-programmed trading commands or specifications. Tokens invested in LAMBO investment are accumulated on the Waves blockchain and then proxied into algorithmic trading strategies among few centralized exchanges, like Bitmex, Binance, Okex, etc., part of the invested funds are also used on WX Network.
For instance, investing USDTs, you receive USDTLAMBO in return and your USDTs are transferred to the LAMBO smart-contract for storing. Each day AMM bot deposits or withdraws USDTs to/from LAMBO smart contract depending on the trading results. This results in a change in USDTLAMBO collateral and, therefore, USDTLAMBO price.
Your income is a difference between the USDTLAMBO asset price when you invest and the future price set when you withdraw your investment.
Important: The process of withdrawing invested assets from Lambo Investments takes 20 160 blocks (about 2 weeks).
Lambo stands out among other WX Network algorithmic trading investment products due to its low risk. The trading strategy provides max possible drawdown not deeper than 10% while the percentage of profitability is floating at a consistently high level.
How to Invest funds in Lambo
Open Waves.Exchange and sign in to your account. After this step, click the Investments button, then choose the Other Products section and click on the Lambo Investments tab.
Click the Invest --- button in the appeared window
In the next window, enter the amount you want to invest in the I send field (in the I receive field will appear the approximate amount of the LAMBO asset that you will be able to claim).
After that, check the box I agree with rules, after reading the rules, and click the Invest --- button.
Note: the amount displayed in the I receive field is calculated based on the latest price of the LAMBO asset, so the actual amount of the received LAMBO asset may differ from the displayed amount.
Clicking the Invest --- means you create a request to exchange the invested assets for the LAMBO asset. You will get LAMBO assets from a smart contract after the end of the settlement period by clicking the Get --- button in the Lambo Investments Transactions field.
Note: The exchange will take place at the new price of the LAMBO asset, which will be calculated immediately after the end of the mentioned settlement period. The notification about the end of the settlement period shows your local time in a 24-hour format.
How to Withdraw funds from Lambo
Firstly, you need to open the Waves.Exchange and sign in to your wallet. After this step, navigate to the Investments tab, then choose the Other Products section and click on the Lambo Investments tab.
Click the Withdraw --- button in the appeared window
In the next window, enter the amount you want to withdraw in the I send field (in the I receive field will appear the approximate amount of the invested assets that you are eligible to receive).
After that, check the box I agree with rules, after reading the rules, and click the Withdraw --- button.
Note: the amount displayed in the I receive field is calculated based on the latest price of the LAMBO asset, so the actual amount of the received asset may differ from the displayed amount.
When you click Withdraw --- you create a request to exchange LAMBO assets for invested assets. The exchange itself takes place immediately after the settlement period, at the new price of the LAMBO asset. The notification about the end of the settlement period shows your local time in a 24-hour format.
In the meantime, your invested assets will be locked on the contract for 2 weeks, then you will be able to get your invested assets on the Lambo Investments page by clicking Get --- in the Lambo Investments Transactions field.
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