RE: LeoThread 2025-08-03 17:13
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Yes, I am watching the richest and hoping to see more unique wallets
I also am planning to be the one providing initial liquidity on the LSTR:LEO pool to seed trading. So I will need a lot of LSTR for this
The reason it’s me and not LeoStrategy itself is because we want to stick with the critical part of LSTR that they can never sell LEO. Putting it in a pool isn’t necessarily selling it but it is putting it in the market
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Im unwillingly climbing up that rich list. It feels like when my mom used to drag me into to the pools for swimming lessons. But in the end it was for my own good. When you are a hive maxi every move is hard.
haha that’s understandable
Take some profits once the LSTR pool goes live. Just be mindful of mNav and the underlying value of the LEO held by LSTR so you aren’t getting ripped off
LSTR should trade relatively in line with the value of the total LEO it holds and then add some premium for speculation about future LEO it acquires
So if it holds $250k worth of LEO and the outstanding share of LSTR are 100k LSTR tokens, then you know $2.50 is the baseline value of LSTR since its backed by the LEO it owns
Good idea. That is one way to keep the congruence with the "never sell its $LEO".