In the past week, LeoStrategy has acquired 42,270.145 LEO for $2,311.71 at $0.0546 per LEO. Over the week, we conducted 5 purchases of $LEO on various occasions and at various prices.
Our mandate is to build a leveraged exposure product to the LEO Token - offering LSTR holders a levered long to the appreciation of LEO.
TLDR; If you are familiar with Microstrategy, Michael Saylor and their strategy to permanently acquire more Bitcoin, then you can apply that logic to LeoStrategy. LeoStrategy and our LSTR tokenized fund aim to be the "Microstrategy of LEO".
Transparency and Reporting
Our launch has gone rather well. We've sold about 3.5% of the available LSTR for our initial raise. LeoStrategy aims to sell 100% of these LSTR tokens in order to purchase LEO and lay the ground work for the levered long exposure that we are creating as a simple product for LEO Token Holders.
The simplest way to get early exposure to the growth of LeoStrategy - and thus, leveraged long exposure to the LEO Token - is to buy the LSTR token.
You can buy LSTR on Beeswap or TribalDEX. This sale will end in 3 weeks:
When we purchase LEO and stake it, we publish Threads on https://inleo.io and share the exact data on our purchase. All purchases can also be verified directly on the Hive Blockchain:
Since our launch post, we've gotten a lot of great questions. Some were around transparency and the team behind LeoStrategy.
Let us be clear that we are large LEO Stakeholders who have come together to essentially create levered long exposure to the LEO Token. Michael Saylor has achieved this for BTC using MicroStrategy as the vehicle.
We are following his playbook nearly to a tee in order to turn LeoStrategy ($LSTR) into the very same vehicle for $LEO.
Our reporting happens whenever a buy occurs. Mixed in with this reporting is general information about both @leostrategy as well as the $LEO token more broadly and our thesis behind it.
We believe LEO is a highly undervalued project, ecosystem and asset. LeoStrategy aims to acquire as much LEO as possible and generate accretive yield to LSTR holders based on the LEO we acquire, stake and earn.
Time and Leveraged Exposure
The second question we've been seeing a lot is how this leveraged exposure is going to work. How exactly will owning 1 LSTR give you "2 LEO" worth of exposure (just a random example using simple numbers).
This will happen in a few different ways but it will not happen over night.
The game plan is very simple: we must start by acquiring a very large quantity of LEO - of which, we have already started by using the initial launch of LSTR to buy 42,000+ LEO.
Our goal is to buy upwards of 1M+ LEO to start the initial seed of our fund. From here, we will generate accretive yield in various forms that will all purchase and stake more LEO. By purchasing and staking more LEO without issuing LSTR shares linearly, we are able to build the leveraged exposure to the LEO asset inside of the LSTR token.
Simultaneously - and once the fund reaches a mature size (1M+ tokens) - we will be able to conduct debt raises using various instruments that allow us to purchase more LEO and stake it, generating further accretive yield and leveraged exposure for LSTR holders.
The math behind all of this is quite simple. What isn't simple is a strategic approach to acquiring a large quantity of LEO efficiently, staking it and using various methods to generate accretive yield/leverage debt to build the leveraged-long exposure to the LEO Asset.
This is where LSTR and our mandate come together. Our mandate is very simple: acquire more LEO, stake it and generate accretive yield in LEO terms for LSTR holders.
Again, Michael Saylor and MSTR have done this beautifully for BTC. We know that LEO will one day be a $250M+ market cap asset. It is currently at a market cap of $1.25M. That is a 200x from the current LEO price which puts LEO around $12 per share. While this might seem ambitious to outsiders, we see where the puck is going.
The LeoTeam continues to demonstrate clear thinking and incredible leadership. The recent Dash + Keystore Integrations are just 1 example of how they are doing what nobody else in the Web3 space has done.
We know that the LeoTeam and Khal will be building for the next 10-30+ years and we are betting that LEO will do nothing but go up and to the right over a long period of time. Creating a leveraged ETF to gain even more exposure to LEO's upside is a no-brainer.
Join the LSTR Family!
A few key players like @khaleelkazi and @onealfa have bought signifcant stakes in LSTR. We hope to see more people join the LSTR family and help us seed the ground for leveraged long exposure to the LEO token.
Today, you can buy LSTR for the equivalent of 20 LEO per 1 LSTR. Imagine if I told you 1 LSTR would be worth 100 LEO in the future? Is that something you'd be interested in.
This post and the many more Posts and Threads to come will continue to clearly explain the vision and you can watch it unfold in real-time and transparently on the blockchain.
Buy LSTR's limited initial offering now. Only 3 weeks left: