Up until now we haven't revealed the purpose of the @Mamo_agent token. Why does it even exist? At @Lunar_Labs_ we've been building onchain systems that secure billions of $ at @Coinbase for a combined 30+ years and we believe you shouldn't have a token unless it serves a purpose.
Mamo is not only your personal finance agent, its a platform for omnipresent agentic finance. Platforms like the App Store and @virtuals_io are places where you can access apps and experiences. Most platforms charge a fee, known colloquially as a "take rate," which is usually 30%
The difference between the leading app stores, launchpads, and game engines of today and @Mamo_agent is that the Mamo platform charges no take rate and returns 100% of all platform fees to MAMO holders. This opens the door to a world where everyone can benefit from finance agents
At the heart of the @Mamo_agent platform is a mechanism that enables it to capture 100% of the trading fees on top DEX venues such as @AerodromeFi and @Uniswap, as well as compounding fees captured by Mamo's autopilot (currently a 0% introductory fee until 2026 or later).
The @Mamo_agent platform is able to earn real yield in the underlying currencies used by the source of fees: USD Coin, ₿itcoin, Virtual, and Mamo. These assets are either native to the @Base network or custodied in cold storage by @Coinbase - the world's safest custodian. 🔐
Every week after platform fees are collected they are shared with Mamo account depositors. The amount shared is determined by an algorithm designed to maximize returns over time. The fees can be auto-compounded by @Mamo_agent or simply added to your ₿itcoin and USDC accounts. 🌱
The @Mamo_agent platform has been alive less than 2 months and has already generated over $250K in total platform fees representing over $2m annualized. This is real yield and not token inflation, and comes in some of the hardest money imaginable: ₿itcoin in cold storage.
Mamo is certainly magical, and we've imbued it with the arcane wizardry needed to earn 100% of fees on the leading agent platform while never taking custody of your funds. Mamo's got your back and can help grow your stack. You can withdraw from your Mamo account at any time. 🐈
What's next for the @Mamo_agent platform? You tell us in the replies below. Would you like to see Mamo support new @Coinbase wrapped assets like XRP, ADA, DOGE, and LTC? Which ones should come first? XRP army let's hear it!
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