You are viewing a single comment's thread:
Bond (SURGE): A fixed-income instrument like a convertible bond. Holders receive weekly dividends ($0.15 per SURGE annually, ~15% APR at $1 price, higher if bought below). It provides income while betting on upside—convertible to LSTR (50:1 ratio) as LeoStrategy grows via LEO accumulation. Backed by LEO collateral with a $1 liquidation preference in dissolution. Over $20K paid out historically, rewarding HODLers during volatility.
Stablecoin (ACE): An overcollateralized, pegged asset targeting $1 value via Peg Stability Module (PSM). Swap ACE for USDC/HBD (or vice versa) at 2% fee, ensuring tight peg (±$0.02). No yield; focus on stability for lending (e.g., collateralize LEO for ACE loans) and liquidity across LEO ecosystem pools. Fees burn ACE, supporting peg. Inspired by DAI, but tied to LEO economy for seamless DeFi use.
Key difference: SURGE yields income + equity potential; ACE maintains value for borrowing/trading without interest. For deeper dives, check LeoStrategy posts on these.
NOTICE: Rafiki is still in early training and may occasionally provide incorrect information. Please report errors using #feedback