LeoStrategy believes there's a unique opportunity to use LeoStrategy as a vehicle to accumulate LEO and stake it for yield. We are able to make content and curate content, earn HIVE & HBD & LEO and assimilate it all to LEO and power it up.
The goal here is that the LEO POWER on the @leostrategy account continues to grow. Each 1 LSTR token (listed on Hive Engine) is for sale at 4.25 HIVE. Each LSTR is a claim on the total LEO POWER held in this account.
LeoStrategy is a Hive blockchain-based vehicle that acquires LEO and aims to generate a LEO Yield of 10-20% annually to create accretive value for LSTR holders. All LEO acquired is instantly staked as LEO POWER in the @leostrategy account. The goal is to increase the LEO-denominated value of circulating tokens.
In this blog post, we'll talk about why we believe LEO is the best asset to invest in crypto right now.
Why LEO?
LEO is trading at about a $400k market cap at the time of this writing. At one time, LEO was trading at $1 with about 17M tokens in circulation. That's a $17M market cap or roughly 42.5x from where we are today.
Imagine that you could buy an asset and see it go 42.5x at some point in the near future. Even if it took 3 years, wouldn't you want to make every $1 you invest worth $42.50? If you invest $1,000, then you would see your $1k become $42.5k in less than 3 years.
The LEO Team has proved that they will develop relentlessly and push the boundaries of technology. INLEO is an incredible platform but we believe that it is far from the end-all-be-all for the LEO Ecosystem.
LeoDex and the Real Opportunity
LeoDex is where the real opportunity is for the LEO Ecosystem. Khal and the LEO Team have spent so much time building INLEO, we are glad to see the shift toward making LeoDex hyper successful.
Think of it this way:
- INLEO is the gathering place where the LEO community connects with eachother, creates valuable data and puts that data onchain so that LeoAI can learn from it. LeoAI is a 10 year vision for LEO to amass data and economic value
- LeoDex is a profitable trading app that can bring in millions of dollars per year for the LEO Ecosystem to conduct buybacks on the token
LeoDex is how LEO becomes worth $100M. INLEO (LeoAI) is how LEO becomes worth $10B.
We need LeoDex to succeed in order for LeoAI to succeed over the next decade.
Khal has made it abundantly clear that he will not stop developing. The LeoTeam is so talented. Buying LEO and utilizing it in the ecosystem (staking for LEO POWER or soon- staking on LeoDex for lower trading fees) is the key to growth.
Khal has recently joined the board of LeoStrategy as an advisor to our project. The vision he has for LEO is so clear to us that we can't get enough LEO.
LeoStrategy Continues to Acquire and Stake LEO
@leostrategy owns 357,551.672 $LEO POWER. We continue to acquire more.
Our mission is to continue to acquire LEO while it's cheap, stake it and earn yield.
Each 1 LSTR represents an equal claim on our LEO Balance Sheet. Much like Microstrategy (now Strategy) shareholders who have a share of MSTR and an equal claim to the BTC held by Strategy.
There are currently 17,949.073 LSTR shares outstanding. This means that each share represents a claim on 19.92 LEO.
1 LSTR = 19.92 LEO.
The ration of LEO per LSTR will increase over time. If you believe in the mission of LeoStrategy and creating a leveraged position on LEO, consider buying some LSTR tokens. We buy LEO with the proceeds from LSTR sales.
This LEO gets bought and staked into the @leostrategy account. We have IRL lenders who will be loaning us capital based on our LEO Stake and we will utilize these 0-liquidation loans to purchase and stake more LEO over time, which will increase the LEO per LSTR share ratio.
As LEO increases in value, LSTR will serve as a leveraged exposure ETF to the LEO Token.