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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 WX.Network app and sign in to your account. After this step, click the Investments button and choose Lambo Investments.
In the next step, select the token you want to invest in Lambo Investments.
After the investment token choosing, you will be redirected to the Lambo Invest page where you can find out the investment conditions. Click the Invest button in this window to continue the investment.
In the appeared 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 token 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 token , so the actual amount of the received LAMBO token may differ from the displayed amount.
Clicking the Invest --- means that you create a request to exchange the invested token for the LAMBO token. You will get LAMBO token 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 token, 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, open WX Network app and sign in to your account. After this step, navigate to the Investments tab and choose Lambo Investments.
In the next step, select the token you want to invest in Lambo Investments (for example, USDT).
Click the Withdraw button in the appeared page.
In the appeared 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 tokens 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 token, so the actual amount of the received token may differ from the displayed amount.
When you click Withdraw --- you create a request to exchange LAMBO token for invested token. The exchange itself takes place immediately after the settlement period, at the new price of the LAMBO token. The notification about the end of the settlement period shows your local time in a 24-hour format.
In the meantime, your invested tokens will be locked on the contract for 2 weeks, then you will be able to get your invested tokens on the Lambo Investments page by clicking Get --- in the Lambo Investments Transactions field.
If you have any questions related to WX Network, feel free to contact us via customer support
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