This week, LeoStrategy delivered a 230% LEO Yield for LSTR holders. We increased our LEO holdings to 3,274,494 $LEO and SURGE sold out over the weekend just in time for the dividends on Monday at 0:00 UTC.
Now that SURGE is sold out, we have been preparing the full-scale liquidity pool launch. There are many things to discuss with this launch, we'll talk about them later in this post.
LeoStrategy Delivered a 230% LEO Yield for LSTR Holders
LeoStrategy purchases $LEO off the market every single day. 100% of the LEO we purchase is unwrapped from heLEO to LEO (Arbitrum) and staked on https://leodex.io/leo in the LeoStrategy multi-sig vault address.
This vault holds our LEO and collateralizes all LeoStrategy products, services and derivatives. We utilize our balance sheet to not only earn USDC yield from LeoDex but also to release additional products, services and derivatives that generate accretive revenue to purchase more LEO and continue scaling our balance sheet.
If you read our 10M/10M Plan, then you'll know our goal is to buy 10M LEO before the end of 2025. Then raise an additional $10M in capital throughout 2026 to fuel additional LEO Purchases.
The more that LeoStrategy scales our balance sheet, the more that we can release new products, services and derivatives that are hyper profitable for the fund. Every $1 of profit is able to purchase additional LEO and continue scaling our operations.
Market Makers Are LIVE
If you've been watching our Threads, then you'll know the Cross-Chain LEO and Hive-Engine Market Makers are fully live and generating profits for the fund. The profits per day are nearing $100 per day on a consistent basis. This is a great start and as we continue to tweak the MMs, we are finding ways to increase their profitability.
With these Market Makers working with 100% uptime now, we have SURGE and LSTR's Cross-Chain Market Makers ready to go live alongside their cross-chain debut.
After this blog post, you'll see the SURGE Cross-Chain Pools go live along with the SURGE Cross-Chain Bridge. This coincides with the SURGE Cross-Chain Market Maker which will be live immediately to market make all of the SURGE pairs. This generates revenue for LeoStrategy which is used to purchase additional LEO and expand our balance sheet.
SURGE is SOLD OUT!
SURGE is officially SOLD OUT! We hope you got into the SURGE presale before it was too late. Toward the end of the presale, the discount grew massively. We saw the SURGE presale sell out the final 100,000 tokens very quickly.
Anyone who bought SURGE during the presale will enjoy a massive instant gain when the SURGE Liquidity Pools go live on Base and Hive-Engine. These pools will be strategically seeded with $50,000 USD in liquidity.
Our liquidity roll-out will be a 5-phase plan that will last ~72hours - 7 days. The lion's share of liquidity will be added at launch. The rest of the liquidity (primarily the USDC portion of it) will get added in multiple tranches. The reason why we're not deploying all the liquidity at once is to allow some price discovery to take place as liquidity is continuously deployed over a 7 day window. This creates market stability for SURGE as the market discovers its value.
SURGE has a $1 floor price and theoretically unlimited upside. It pays a $0.15 dividend per 1 SURGE per 12 months. Paid out weekly.
The dynamics of SURGE are reflexive which means that if SURGE trades below $0.99, it becomes increasingly desirable to purchase.
Why? Here's a quick price table that can help illustrate:
The floor price is $1. You know for a fact that SURGE will always be worth at least $1 in long timeframes.
SURGE has:
- A $1 floor price via liquidation preference
- Conversion value to LSTR (as LSTR rises, this intrinsic value rises)
- $0.15 fixed yield
So for each $0.01 SURGE Drifts below the $1 floor price, the profitability of buying it increases. SURGE is designed as a reflexively priced asset. Bend it lower and the springboard back up to the $1 peg becomes increasingly strong.
What's Next?
Our team has been testing and releasing each of the necessary elements for SURGE's cross-chain debut and the liquidity pool seeding event.
- SURGE is LIVE on Base
- SURGE Oracle is LIVE for heSURGE <> SURGE
- SURGE:USDC is LIVE on Base
- SURGE:LEO is LIVE on Hive-Engine
- SURGE's Cross-Chain Market Maker is LIVE
- SURGE is LIVE on LeoDex for Trading
Each of these things are now deployed or in testing. The liquidity will get continually added as we monitor how well everything is working. The lion's share of liquidity will be available at launch and we'll continue adding liquidity as things progress.
Are you ready? Start watching SURGE on Base and on Hive-Engine!
Join the LeoStrategy VIP Whitelist
LSTR, SURGE. This is just the beginning. Read our 10M/10M plan to understand more about LeoStrategy's vision of the future.
We are tokenizing finance and putting it all onchain. 100% backed by pristine collateral (LEO). We are excited to unveil more products, services and derivatives in the future.
Want to get exclusive notifications about upcoming news and presales? Want to get even higher discounts on future presales? We've just created the LeoStrategy VIP Whitelist program. We're only accepting a limited number of users who signup to the whitelist first.
You also need to hold a minimum of 100 LSTR in either your Hive address or EVM address (or combined balance) in order to be on the VIP Whitelist.
Joining the whitelist will get you exclusive access to LeoStrategy's future launches. Join the whitelist now - there's a limited number of slots today. We will close the whitelist application process soon.
Submit an application to see if you get one of the early spots. We'll close this form as soon as the slots run out. Don't hesitate, submit early to see if you get one of the spots before the next Presale event -> LeoStrategy's VIP Whitelist.
Posted Using INLEO
I have 290 LSTR and some SURGE and LEO too. I filled out the Google form for the whitelist. I don't have a Base wallet yet but I'll probably make one soon.
The presales have been good to those of us who got into them, so I'm looking to make sure I know about future developments in the LEOverse!
Centralized Exchanges Under Fire for Underreporting Liquidations, Says Hyperliquid CEO
Damn i am laucky that i bought 600 Surge before it sold out!
Is the Base address on LeoDex appropriate for the whitelist form?
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STOPThe MM makes about 100$ per day right now. I recommend to set aside a little per day for marketing! Please don't think that only because we are on base it will be all candy. You need to market your products and you need to spend money on it!