@leostrategy "This is an interesting idea and it's possible we c..."
This is an interesting idea and it's possible we could do this for some amount of the conversions (effectively a subset) There are some reasons a more direct conversion process…
leostrategy
@leostrategy
LeoStrategy (LSTR) is a permanent capital vehicle that generates revenue to purchase LEO on our balance sheet and drive accretive value to LSTR holders. We o...
@leostrategy "The LEO price is driven by the open market. We do ..."
The LEO price is driven by the open market. We do not manipulate the price of LEO. LEO has a fixed supply and every single 1 LEO that we accumulate is removed from the market…
@leostrategy "This is a fair point; SURGE is a convertible bond ..."
This is a fair point; SURGE is a convertible bond and not a stablecoin. The stablecoin would be 1:1 pegged with $1 and will not deviate from it more than ~$0.01. SURGE must be…
@leostrategy "We track the LEO Powerdowns and sellers. This help..."
We track the LEO Powerdowns and sellers. This helps us buy LEO more efficiently. What we noticed is a large amount of old holders from the Hive side who were happy to powerdown…
@leostrategy "An asset that allows short exposure is interesting..."
An asset that allows short exposure is interesting and something that we have put some thought into since @monkmaster's comment from not too long…
@leostrategy "We are as well! We want to make sLEO Lending as la..."
We are as well! We want to make sLEO Lending as large of a pool as possible. This requires success on our current products + more LEO in our perma-staked vaults (backing the…
@leostrategy "The RWAs are a slow-burn: what most don't realize ..."
The RWAs are a slow-burn: what most don't realize is that these sRWAs are built for the next 10-20+ years We built these RWAs not just for the immediate raise that happens from…
@leostrategy "@aljif7 - we apologize for the delay We needed to..."
@aljif7 - we apologize for the delay We needed to add some mechanics to handle We had our whole team sprint to add this today to get this processed. The private part of the…