RE: LeoThread 2025-08-27 12:19
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I’ve powered down a chunk of my $LEO with the intention of moving it over to Arb, but I am having second thoughts. The 10.5% fee is just too much!
I’m thinking of just buying more LSTR, and benefit from their stake- and they’re ever growing LPS!
Thoughts?
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it’s going to get cheaper I think. Is that correct @khaleelkazi?
It might
Or it might not
It's hard to say at this time. It could be a while but I think in long enough timeframes, it logically should be cheaper (i.e. when LeoStrategy's MM is live)
I don't think Khal would say even if he knew 😜
Don't really blame him ether.
It only makes sense to me that they would really benefit from making the fees lower (more volume to LeoDex and therefore the system).
So I lean toward waiting. However, at some point I will probably get tired of waiting and ape over due to lack of discipline. 🤣
Come on Khal, you know you want to! 😜
I moved a bunch at 10% and it hurt. lol.
Yeah. I don't really want to, but I may. You never say never...
what about this.
heLEO to swap.hive
swap.hive to swap.eth
eth withdraw to metamask
eth to arb.eth
swap on leodex for leo.
That should work. Though I might consider replacing SWAP.BTC for SWAP.ETH in that pathway as the withdrawal fee is slightly lower from Hive-Engine for BTC.
I have not checked the withdrawal fees in some time. Thank you for the update.
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is that strategy to try and keep Leo on hive engine? Or just to burn more tokens. Would love some more thoughts on that.
I would calculate their mNAV and consider if the discount is a viable reason to convert
A lot of potential in converting to/from LSTR and LEO when mNav is trading at various ranges
Same boat here.
Yeah, it's just too high for me.
Too many maybes and what ifs about how much money I'd make staking it, even if I took the 26000 LEO hit.
Oh well.
Where does the 10.5% fee come from?