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Good, Bad or Indifferent | Your Feedback Wanted on LeoStrategy Products

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leostrategy2 months ago5 min read

Lions! Happy Monday. Now that we've rolled out SURGE, TTSLA, TGLD and TNVDA; we are looking for your feedback!

SURGE is a fixed income onchain "convertible bond". Effectively, you can buy SURGE to hodl a token that has a liquidation preference of $1. This token has unlimited future upside as it can be converted to LSTR in the future at a 50:1 ratio. While you wait for LSTR to rise in value, you get paid a weekly dividend (15% APR. Effective yield is currently ~22% APR because the yield is FIXED at $0.15 per SURGE - so if you by SURGE for less than $1, you get a higher effective APR).

TTSLA is a synthetic Real-World Asset (sRWA). It is pegged at 1:100 with TSLA (so if TSLA is $380, TTSLA's defined peg is $3.80. If TSLA goes to $420, TTSLA should go to $4.20). It is governed via an onchain peg policy. We designed this like a monetary policy at a central bank: if TTSLA deviates from the 1:100 TSLA peg, then the yield policy (3-20% APR) increases. Once it returns to normal, the yield policy goes back to the normal 3% range (the base yield).

TGLD is also an sRWA and works identically to TTSLA but tracks GLD 1:100 to give users Gold exposure + daily yield.

TNVDA is also an sRWA and works identically to TTSLA & TGLD but tracks NVDA 1:100 to give users NVDA exposure + daily yield.

The LeoStrategy Model

The LeoStrategy model is to deliver onchain, transparent and reliable products that have very specific exposure dynamics. We refine LEO volatility into these products like an oil company pumps oil out of the ground and refines it to deliver kerosene and other refinements out of that oil to the broader market.

Whatever a user wants, they can get.

How is any of this possible? Because we use 100% of the proceeds + profits to purchase $LEO and permanently stake it as sLEO on our balance sheet. This gives us daily yield from LeoDex + LEO Price Exposure.

As LEO rises in price by 100% per year for the next decade (our prediction for LEO's price performance in a LEO 2.0 era), LeoStrategy's fund benefits from hodling as much LEO as possible. In the meantime, we also earn USDC from LeoDex's staking contract and autocompound it into additional LEO purchases.

This allows us to deliver products with specific exposure to LeoStrategy users. Want TSLA exposure + yield? Buy TTSLA. Want a fixed income bond onchain with convertible upside? Buy SURGE.

We envision a future where there is a product for any desirable outcome. These products are all made possible because we use 100% of the proceeds + profits to buy LEO and refine the volatility into packagable tokens.

What's Next | Guide us With Your Feedback

We've released 3 sRWAs so far. TNVDA's presale is now over 2/3rds sold out.

Once it is sold out, LeoStrategy will look to release our next tokenized asset. Our model with sRWAs is to release small batches of them through presales and then scale them up once they're in the open market and gaining traction. We're working hard with partners on the Base blockchain to spread usage of our sRWAs to people on Base.

This has been going well so far; there are a lot of new & unique wallets starting to slowly accumulate TTSLA & TGLD on Base. TNVDA is new and starting to get some early traction during the presale.

Our track record is important and scaling up LeoStrategy while bringing in these new users is essential to our plan.

We have 3 options in front of us for the next LeoStrategy offering:

  1. The next sRWA - we have many sRWAs designed and ready to roll out using our peg policy model. More sRWAs means more expansion both for us and LeoDex as LeoDex is the main platform for trading them
  2. LeoStrategy's Stablecoin - we have a design for a stablecoin which is intended to be our biggest launch ever. Imagine a stablecoin that has hard redeemable qualities (which will create a hard peg at $1) that is fully onchain and transparent. It is a necessary release before we can push sLEO Lending live which will utilize this stablecoin. To make sLEO lending successful, it will be directly correlated to how large the LeoStrategy Stablecoin launch is. We can (and will) release a lot more info about how this all works when the time comes
  3. Product X - a new type of token altogether that offers exponential upside and a totally unique exposure to a market that is widely used by Lions (think: something like SURGE but not a convertible bond)

We know we are being vague with exactly what/how the next product will work. We want this post to be about your feedback on what you as a user want from LeoStrategy:

  • do you want an RWA?
  • do you want the stablecoin?
  • do you want the next unique tokenized asset?

Comment Below! We're looking to have conversations with all of you


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