You are viewing a single comment's thread:

RE: Introducing ACE | Overcollateralized Stablecoin With +20% APR Yield Boosts and Lending

What if - the conversion commission and the interests on loans won't cover enough to pay out 20% APR?

0E-8 BEE
2 comments

Good question

These are only 2 sources of inflows. The biggest is our Market Makers. For every asset, there are two market makers:

  1. Cross-chain MM (arbitraging the pools on Base & Pools on HE)
  2. Order Book MM (virtualizing liquidity pool depth onto HE Order Books)

On other assets, both generate excess inflows beyond yield obligations.

ACE builds upon this and takes it a level deeper since it is utilized as the liquidity pair for all LEO/LeoStrategy assets now and in the future. This means more MM operations = more inflows = more capital for yield.

Additionally, Yield is paid to LPs only which means to get yield you have to provide liquidity which means providing more ammunition for our market makers to profit more deeply.

Market Makers are value-adds to any economy by creating tighter markets. Typically, profits are absorbed into a company. We:

  1. Use for yield
  2. Use excess to buy LEO Daily

The other MMs already generate excess capital, if ACE is comparable it will generate excess of 20% yield obligations. Since it is used in more LPs, our models show it will be significantly higher.

Hope this helps you.

0.00004123 BEE

These Leo offers won’t end well..

0E-8 BEE

That's what they said about Bitcoin. LEO obviously isn't today's Bitcoin, but everything started somewhere. Apple, IBM, Microsoft, Nvidia, they all started as a small idea that 99% of the world said would fail.

In my mind, these type of comments "won't end well". And you could have bought as much as you wanted at 5 cents....

0E-8 BEE

LeoStrategy is a separate team from LEO.

The “offers” are rooted in mathematical fact. If they don’t sit well with you, we recommend not getting involved. You are very welcome to watch and we hope you at least get entertainment value from doing so.

0.00004114 BEE