RE: LeoThread 2025-08-15 08:22
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Just thinking out loud here:
Since we've seen some volatility on both LEO & LSTR charts, I was thinking about hedging with SURGE a bit and using it to buy LEO & LSTR in case either one should drop more.
Just need to set the ask a tiny bit lower than LeoStrategy's ask, or take the bid...
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just be careful if your sell orders doesn't get closed .
You mean SURGE sell order? I think even when setting the price at 3.9999 HIVE, it should be filled in no time.
sorry I meant to say buy order.
Ok, but in this case I'm only selling when I wanna go back to LEO or LSTR. When buying, I'm still able to buy at 4 HIVE fixed price. Plenty of still left
ohh yeah then it makes perfect sense.
I does, just wish we direct route, so wouldn't have to swap through HIVE
Yeahhh. I haven't seen any news about the pool though yet.
If you bought the SURGE that you're selling below 4 HIVE off the market, yeah, but I wouldn't sell SURGE I bought for 4 HIVE at any lower price at the moment
True, you would have to sell it with a tiny loss, like 3.9999 HIVE, but the the thing is, the yield it's been gathering, is more than enough to cover the loss. Also, you get discount LEO or LSTR, which surely increase a lot in value.
Did you already get paid some yield? You're actually right, that would definitely offset the tiny negative margin
No, not yet. It's once a week. Should be very soon.
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