EURMTL - Revision history

Ralf: /* Why */

2023-01-09T06:03:13Z

Why

← Older revision		Revision as of 08:03, 9 January 2023
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	* Less dependence on local banks.		* Less dependence on local banks.

	* The token is used for other projects when it is necessary to collect resources. For example, for the purchase of land within the framework of [[:ru:MTLand]].		* The token is used for other projects when it is necessary to collect resources. For example, for the purchase of land within the framework of [[:ru:MTLand\|MTLand]].

	* The token creates its own economic ecosystem, making it easier to launch any business with the help of internal demand and exchange within the community. As a result it makes membership in it more cost-effective, which means it develops incentives for its existence and development.		* The token creates its own economic ecosystem, making it easier to launch any business with the help of internal demand and exchange within the community. As a result it makes membership in it more cost-effective, which means it develops incentives for its existence and development.

Ralf: /* Why */

2023-01-09T06:01:58Z

Why

← Older revision		Revision as of 08:01, 9 January 2023
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	* Less dependence on local banks.		* Less dependence on local banks.

	* The token is used for other projects when it is necessary to collect resources. For example, for the purchase of land within the framework of [[MTLand]].		* The token is used for other projects when it is necessary to collect resources. For example, for the purchase of land within the framework of [[:ru:MTLand]].

	* The token creates its own economic ecosystem, making it easier to launch any business with the help of internal demand and exchange within the community. As a result it makes membership in it more cost-effective, which means it develops incentives for its existence and development.		* The token creates its own economic ecosystem, making it easier to launch any business with the help of internal demand and exchange within the community. As a result it makes membership in it more cost-effective, which means it develops incentives for its existence and development.

Ralf at 06:00, 9 January 2023

2023-01-09T06:00:18Z

← Older revision		Revision as of 08:00, 9 January 2023
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	EURMTL is an so-called stablecoin, electronic tokens ~~equated~~ to ~~fiat currency~~. EURMTL has a fixed 1:1 rate to the Euro. In conversation, these tokens are sometimes referred to as “euromulks” or even just “mulks”.		EURMTL is an so-called stablecoin, electronic tokens where the price is supposed to be pegged to a reference asset. EURMTL has a fixed 1:1 rate to the Euro. In conversation, these tokens are sometimes referred to as “euromulks” or even just “mulks”.

	== Why ==		== Why ==
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	* In Montenegro, electronic payment services are not developed (there is no usual “throw it on my card”). EURMTL serves us as a convenient alternative to cash payments.		* In Montenegro, electronic payment services are not developed (there is no usual “throw it on my card”). EURMTL serves us as a convenient alternative to cash payments.

	* To increase the autonomy of interactions within [[Montelibero ~~(movement)\|~~movement]]. Less ~~dependent~~ on local banks.		* To increase the autonomy of interactions within the [[Montelibero_movement\| Montelibero movement]].

			* Less dependence on local banks.

	* The token is used for other projects when it is necessary to collect resources. For example, for the purchase of land within the framework of [[MTLand]].		* The token is used for other projects when it is necessary to collect resources. For example, for the purchase of land within the framework of [[MTLand]].

	* The token creates its own economic ecosystem, making it easier to launch any business with the help of internal demand and exchange within the community ~~and, as~~ a result~~, making~~ membership in it more cost-effective, which means it develops incentives for its existence and development.		* The token creates its own economic ecosystem, making it easier to launch any business with the help of internal demand and exchange within the community. As a result it makes membership in it more cost-effective, which means it develops incentives for its existence and development.

	== How to purchase or spend ==		== How to purchase or spend ==

	* Well, first of all, like any other money, you can earn mulks or [[~~Pay for EURMTL~~\|pay for goods and services]].		* Well, first of all, like any other money, you can earn mulks or [[:ru:Товары_и_услуги_за_EURMTL\|pay for goods and services]].
	* You can simply exchange your money with someone who has EURMTL. Private exchange.		* You can simply exchange your money with someone who has EURMTL. Private exchange.
	* EURMTL tokens can be bought on the [[Stellar]] blockchain with their native currency [[XLM]].		* EURMTL tokens can be bought on the [[Stellar]] blockchain with their native currency [[XLM]].

Ralf at 21:55, 8 January 2023

2023-01-08T21:55:40Z

← Older revision		Revision as of 23:55, 8 January 2023
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	EURMTL is ~~the~~ so-called stablecoin, electronic tokens equated to fiat currency. ~~In our case, this is~~ the Euro. In conversation, these tokens are sometimes referred to as “euromulks” or even just “mulks”.		EURMTL is an so-called stablecoin, electronic tokens equated to fiat currency. EURMTL has a fixed 1:1 rate to the Euro. In conversation, these tokens are sometimes referred to as “euromulks” or even just “mulks”.

	== Why ==		== Why ==

Ralf: Added side bar link to Russian page

2023-01-08T21:52:24Z

Added side bar link to Russian page

← Older revision		Revision as of 23:52, 8 January 2023
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	[[Category:Tokenomics]] [[Category:EURMTL\|*]]		[[Category:Tokenomics]] [[Category:EURMTL\|*]]
			[[ru:EURMTL]]

Ralf: Machine translation of Russian page

2023-01-08T21:48:54Z

Machine translation of Russian page

New page

EURMTL is the so-called stablecoin, electronic tokens equated to fiat currency. In our case, this is the Euro. In conversation, these tokens are sometimes referred to as “euromulks” or even just “mulks”.

== Why ==

* In Montenegro, electronic payment services are not developed (there is no usual “throw it on my card”). EURMTL serves us as a convenient alternative to cash payments.

* To increase the autonomy of interactions within [[Montelibero (movement)|movement]]. Less dependent on local banks.

* The token is used for other projects when it is necessary to collect resources. For example, for the purchase of land within the framework of [[MTLand]].

* The token creates its own economic ecosystem, making it easier to launch any business with the help of internal demand and exchange within the community and, as a result, making membership in it more cost-effective, which means it develops incentives for its existence and development.

== How to purchase or spend ==

* Well, first of all, like any other money, you can earn mulks or [[Pay for EURMTL|pay for goods and services]].
* You can simply exchange your money with someone who has EURMTL. Private exchange.
* EURMTL tokens can be bought on the [[Stellar]] blockchain with their native currency [[XLM]].
* And you can always contact the guarantors (see below) to buy or sell EURMTL.

== Guarantors ==

The institution of guarantors is used to ensure compliance with EURMTL/Euro. These are the people who are responsible for holding the corresponding amount of euros in their accounts.

In case something happens to the guarantor, he leaves a deposit to the [[Montelibero (Foundation)|Foundation]] for his activities in 200% of the amount of euros he holds.

The most stable and active guarantors in the system:

* eurocash in Bar and non-cash ruble @itolstov
* eurocash in Budva, non-cash hryvnia and USDT - @lss_me
* BTC, Lightning Euro and SEPA - @NCrashed
* DASH - @id1253

The system is based on the EURMTL and EURDEBT token pair and the credit generated as a result of the guarantor's excess of EURDEBT over EURMTL. In this case, he becomes a network borrower and [[EURMTL key rate|EURMTL key rate]] is applied to him.

== EURMTL club ==

[https://t.me/eurmtl_club EURMTL club] is a public telegram chat, a place of communication between sellers and buyers, consumers and entrepreneurs, participants in Montelibero tokenomics.

== See also ==

*[[Stellar]]
*[[Lobstr]]
* [[Goods and services for EURMTL]]

== Links ==
* [https://montelibero.org/eurmtl/details/ Principles, emission and current rules for working with EURMTL]
* [https://stellar.expert/explorer/public/asset/EURMTL-GACKTN5DAZGWXRWB2WLM6OPBDHAMT6SJNGLJZPQMEZBUR4JUGBX2UK7V-2 Technical information from blockchain]

[[Category:Tokenomics]] [[Category:EURMTL|*]]