LSTR is the #2 most traded coin on HE right now! Only $170 behind $DEC
The market cap is $91,000 and that is with ALL of LSTR's initial offering sold out
The fund's holdings are already approaching this valuation and the initial sale isn't even half way sold out
This is how the discount mNav works folks
LSTR accumulates massive quantities of $LEO and stakes it forever. This LEO earns USDC and buys more LEO and permanently stakes it
This drives up the value of LEO while also driving up the value of the LSTR fund
It's a perpetual flywheel and there are now nearly less than 60,000 LSTR available. Once they're sold out, the initial sale is DONE and the only way to buy will be from the LSTR:LEO Liquidity Pool on HE
RE: LeoThread 2025-08-01 08:50