
ACE is LeoStrategy's stable token that will be pegged 1:1 with $1. This token has a lengthy roadmap of DeFi features and functionalities. The very first major functionality we rolled out was "PredictIt" - a real-time prediction market that has quickly gained some steam. The most used market so far is "Quick Market" where you can predict the BTC price in 5 minute intervals.
This led us to start working on the scaffolding of our newest release: Perpetual Futures.
Perps and PredictIt share very similar architecture. This is a natural expansion of the existing feature set.
HIVE has been continuously delisted on CEXes. Especially for Perps. There needs to be a good onchain solution for perpetual futures trading on the HIVE token. We've had several ideas related to leverage trading for the HIVE token but realized that the best long-term solution would be to build it as a staple asset in our perps markets.
Now, that time has come. Trade HIVE with up to 5x leverage.

LEO and all LSTR-based assets are a long ways from having CEX listings for Perps markets. This means that LeoStrategy has just created the first and only live leverage markets for these tokens.
Simultaneously, much of our profitability model relies on trading volume. You'll often hear us say Volatility = Vitality and perps drive more volatility via two-sided trading (long or short HIVE/LEO/LSTR tokens with leverage). This will create more onchain trading activity for all of these assets which will lead to more profitability for our cross-chain market makers which operate to profit on daily price movements across Arbitrum, Base and Hive-Engine.
By introducing the ability to long/short with leverage, we add more potential volume to the onchain settlement of tokens.
We also add two-sided trading (the ability to short has never been possible on HE tokens). Now, it is.
This is incredibly important as well to the LeoStrategy Recovery plan which is why we accelerated our shipping timeline for perps.
Much of the features we are building (PredictIt and Perps and soon, more DeFi functionalities) are being accelerated on our Roadmap. Why? These features drive economic inflows to the LeoStrategy treasury. These inflows will be autonomously sent to the @rcbf which automatically buysback tokens (SURGE, TTSLA, TGLD, TNVDA) when they are below peg. This is all part of our broader strategy to bring the LeoStrategy economy back to where we know it should be.
We are at the beginning of a very long journey and we are excited to continue to build profitable functionalities that drive the economy toward new highs. All of this succeeding leads to **leostrategy purchasing more LEO and growing our balance sheet of perma-staked LEO on sLEO.

You can now trade the following tokens with up to 5x leverage. Onchain. Seamless. Low fees. High liquidity.
Perps stands for Perpetual Futures. They are perpetual because they technically "never settle". To enter, you open a position. To exit, you close a position.
While you have a position open, a "Funding Rate" is either Earned or Charged based on the current market dynamics.
This is entirely driven by market forces.
The markets move quick, Perps are a lot of fun. Go forth and enjoy!
When you go to the new Perps app: https://leostrategy.io/trade/HIVE, you will notice that there is deep liquidity already in the order books. This liquidity will be scaled even further with time.

The liquidity is driven in two ways:
The AMM is an automated market maker that LeoStrategy operates. It runs on a complex algorithm that places bids & asks on the order book and aims to break even. By aiming to break even, it keeps spreads very narrow. You'll notice on the screenshot above that the spread for trading HIVE Perps is in fact smaller than it is on Centralized Exchanges like Binance. This is an incredible impact of running a real-time AMM onchain. We are able to pull real-time data from multiple exchanges and instead of trying to profit, we are aiming to break even to build liquidity.
The profitability of the Perps markets comes from volume. More traders = more profit for LeoStrategy which flows direct to the @rcbf account to be used to purchase tokens (SURGE, TTSLA, TGLD, TNVDA) and perma-hold them on the RCBF Balance Sheet. This leads to a growing economy for LeoStrategy assets and in the long-run, allows us to acquire more LEO on our perma-staked sLEO balance sheet.
A small trading fee applies to all perps volume. This is how the RCBF earns from Perps trading.
For a limited time, you can go to the new Perps Trading App and trade HIVE/LEO/LSTR/SURGE/TTSLA/TGLD/TNVDA perps completely risk-free. We're offering a free 5 ACE to the first handful of users.
Go to https://leostrategy.io/trade/HIVE, connect your Hive Wallet and then start trading Perps to start playing the markets.

Use APEX Chat (Powered by LeoAI) to report bugs or feedback or feature requests in the bottom right of https://leostrategy.io.
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" These inflows will be autonomously sent to the @rcbf which automatically buysback tokens (SURGE, TTSLA, TGLD, TNVDA) when they are below peg"
We were constantly told that surge wasn't pegged to $1. The 1$ referred to the amount per token which was guaranteed if the scheme failed.
You said the price of surge was the market price which would grow organically.
Has surge stopped paying weekly yield? I haven't received any for 3 weeks now.
Got bad news for ya:
https://hive.blog/hive-167922/@leostrategy/leostrategy-token-buybacks-re-pegging-after-a-50-btc-drawdown-mmusij2pc684f822
TL;DR : You've been Khaled.
You must be kidding... don't you?
I tried claiming the free 5 ACE but I get this error saying Insufficient available ACE balance.
And when I try creating a Long position with 5 ACE, it says insufficient balance too.

#feedback
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