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RE: LeoStrategy's Flywheel of Volatility Harvesting
One of my the drawbacks about LSTR and SURGE is that they're currently only available to an audience that doesn't have a hard time acquiring or holding LEO. With MicroStrategy, one of the benefits of their strategy was that MSTR or some of their other vehicles made BTC exposure more accessible to financial entities seeking exposure, but not being able or allowed to get it directly. Bridging LSTR and SURGE to Solana would make a lot of sense in that respect, in that SOL holders could get easy exposure to LEO
0.00000000 BEE
I agree that bridging to other chains is important and that is in the cards (need to get the fund bigger to be taken seriously first)
However, you're looking at it too strictly
LSTR offers a leveraged long on LEO
SURGE offers a downside hedge (downside capped at $1) and income
These are two distinctly different value propositions than buying LEO outright.
For example, a lot of people take profits on LEO and push it into SURGE to be protected on the downside. It's much different than telling people to buy LEO or SURGE