It's been a while since our last update. We will start posting updates more frequently, especially now with the big news (more info in this post).
For those who don't know, LeoStrategy was formed by a handful of LEO whales. We collectively hold quite a lot of LEO and wanted to see a similar strategy to MicroStrategy for BTC but do it for LEO with LeoStrategy.
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.
We believe there's a unique opportunity with LeoStrategy and our ability to accumulate LEO using earnings on the Hive Blockchain. 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's Plan
LEO has been a significant underperformer in the market. This is not LEO's fault - as we know, the team has been building relentlessly. Lately, they have released LeoDex V3 which we believe will change the entire outlook of LEO as a token in the broader world of crypto.
The whole altcoin market has been dragging. The smaller the altcoin, the worse the performance. We believe that this is just the nature of the altcoin market right now.
All markets are in turmoil but once everything starts to turn around, we're going to see which projects were building and which ones were just making fake promises.
LEO has been building and the team is putting in so much hard work to make the LEO economy succeed.
We as a community need to step up and get more involved. LeoDex's success is our success.
100% of the affiliate revenue on LeoDex is buying up the LEO token. If we get $20,000 per month in Affiliate Revenue generated by LeoDex, where do you anticipate the LEO token going in terms of price action?
Our estimate is that LEO will be worth north of $0.50 per LEO if $20,000 per month is being generated by the LeoDex application and buying LEO.
LeoStrategy's plan is to incentivize more people who talk about LeoDex on the INLEO Platform and elsewhere on social media. Share LeoDex to the world and get rewarded by us.
What Have We Been Working On?
One of the major things we've been working on is sourcing external funding for LeoStrategy. We decided to make our LSTR token sale a perpetual sale until it sells out. The 100k LSTR tokens (82k left) will be listed on Hive-Engine until they sell out.
The goal here is to continue to raise capital to acquire LEO on Hive-Engine and stake it. The more LEO we acquire, the more each LSTR is worth. LSTR is a theoretical claim on the LEO held by @leostrategy.
The mission of LSTR is simply to continually acquire more and more LEO and create a leveraged ETF on the LEO Token.
Holding LSTR is holding multiple LEO tokens. When LEO goes up in price, exponentially more value is added to LSTR. We believe this will be extremely obvious in the future, even if its hard to see now as the bear market for alts has weakened many coins.
While we've been sourcing this outside funding, we've been quiet. We are going to step up in terms of posting. A large reason for this is so that we can generate on-chain revenue (Hive) and buy more LEO and stake it.
LeoDex V3
LeoDex V3 offers a MASSIVE OPPORTUNITY for the LEO Ecosystem. We need to - as a community -get hyper active on X and in other places. The LeoStrategy team met over this past weekend and have collectively decided to get very active in promoting LeoDex everywhere we can.
We believe that LeoDex will lead to the runaway success of the LEO token. Khal has outlined a goal of $4.4M+ per month in terms of swap volume via LeoDex. Achieving this will take the LEO token to $0.50 and beyond.
That is a 50x in value. We have never been more bullish on LEO than we are right now. This is why LeoStrategy must be more active everywhere in order to help this goal get achieved + acquire more LEO using HIVE and other earnings.
As we acquire more LEO, our external partners will be injecting funds into our @leostrategy account so that we can acquire even more LEO and stake it using unsecured loans with no callback.
This means that we are loaned capital at a fixed rate of 0% interest with no optionality for them to be called. They are zero-risk coupons that allow us to buy more LEO and stake it. The loans are based on the value of LEO.
Acquiring more LEO in our account before LEO begins to rise in price is ever more important right now.
What Will You See From @leostrategy Going Forward?
Expect more frequent updates (possibly daily or several times per week). We will be talking not only about LeoStrategy but also LeoDex and the LEO token.
Track our account - you should track the @leostrategy account and see that 100% of all of our earnings are buying LEO and staking it. There is no funny business on this account. We are fully transparent and on chain.
When you see that we are transparently buying LEO with all of our earnings, consider setting an autovoter to this account / curating our posts when you see them. 100% of the earnings from rewards are being used to buy the LEO token. If you are a LEO token holder, we are buying LEO and permanently staking it. Our LEO will NEVER be unstaked. An Upvote to us is a guaranteed buy of LEO and permanent staking of what is bought.