Mustang Finance is a decentralized borrowing protocol that lets users deposit WETH, tBTC, SAGA, stATOM, KING, yETH, and yUSD as collateral, and mint the stablecoin MUST at an interest rate depositors choose. Mustang Finance is a Liquity V2 fork built specifically for the Saga EVM. The main use-cases for Mustang Finance are: - Borrow MUST - 1-click multiply exposure to collateral assets - Earn yield by depositing MUST in the stability pool or farming elsewhere What is MUST? MUST is the USD-pegged stablecoin issued by the Mustang Finance protocol. It's decentralized, overcollateralized, and backed only by a basket of crypto native assets. MUST is a resilient stablecoin by design: - Only backed by crypto assets ("no real world assets" like US Treasuries) - Directly redeemable for the underlying assets at any time by any one permissionlessly (always convertible in a fast and liquid way) - Can only be created by users depositing more collateral. - What are MUST's main benefits compared to other stablecoins? - MUST is backed by a variety of LSTs, LRTs, plus ETH, ARB, and COMP. - It is always redeemable for the underlying assets, meaning you can always swap it as if worth $1, for the collateral backing it - MUST has native incentives via Protocol Incentivized Liquidity (PIL) directed by governance, ensuring that there will always be sufficient liquidity to handle transactions - MUST is Saga EVM native, and is built specifically for the fast and free-to use Saga EVM network. What is MUST's peg mechanism? - Mustang Finance uses Liquity V2's market-driven monetary policy through user-set interest rates to maintain - MUST's peg and to dynamically respond to situations where the token is above or below $1.00. When MUST trades above $1, borrowers tend to reduce their rates due to lower redemption risk, making borrowing more and holding MUST less attractive. This helps correct the price downwards. In contrast, when MUST trades below $1, arbitrageurs will initiate redemptions to restore the peg. Borrowers' exposure to redemption risk prompts them to increase interest rates, boosting demand for MUST (and Earn deposits) and pushing its price upward.
Mustang is ranked #377 by market capitalization. Currently the MUST market cap exceeds 7.29B+ Indian Rupee. By market capitalization it is ranked #377. Daily trade volume is 4,747.31 INR.
The Mustang price today in INR is 47.22. Through the Mustang price history, the price ranges from 91.5 INR (all time high) to 47.08 INR (all time low). Mustang price last 24 hours fluctuated from 0 INR (24h high) to 0 INR (24h low).
Check the Mustang value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.must.finance/
Block explorers: https://sagaevm.sagaexplorer.io/token/0xA8b56ce258a7f55327BdE886B0e947EE059ca434
Twitter: https://twitter.com/mustangfinance/
Mustang live price may differ in various exchanges. Check MUST real-time data to make informed decisions.
You can buy Mustang on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell MUST at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Mustang trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Mustang and trade with REVENUEBOT in less than a second.
In short, only if the current value of Mustang will be less than the value of Mustang at the moment of selling in the future. The Mustang chart can only assist the Mustang value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Mustang value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the MUST supply. Check the Mustang live chart to see the current supply and predict how long it will take for the coins to run out. The total supply of Mustang is 154362558.73 MUST, while MUST circulation supply now is 154362558.73 MUST.
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