RE: LeoThread 2025-08-05 03:24
(Edited)
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You know what is one single, the most scary thing about LSTR?
THIS:
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You are viewing a single comment's thread:
You know what is one single, the most scary thing about LSTR?
THIS:
Maybe they can be brought up in the market for different reasons in future but a clarity in that from the team would be better.
this is the maximum number of tokens. you can not mint more than 1 million.
The questions are rather simple:
WHO, and at what circumstances will have all the powers to mint the remaining 900K LSTR?
Who is that person?
How exactly LSTR holders are protected from this happening one day (at somebody's plain subjective will) ?
We don't know who exactly is behind this. I guess the strategy is to mint the next 100k tokens when the current sale is sold out. Then they will be listed at a higher price and they BUY $LEO again until the next batch is sold out and then they repeat. that is how I would do it. It makes no sense to just mint them for themselves because that will not do anything for buying $LEO
as always in crypto: handle with care...
"Leostrategy" being originally born inspired by "Strategy B" and their MSTR stocks, of which they can produce more (like the recent "STRC"), my guess is that the Team has wanted a flexibility margin, based on the market's response.
It's a point I'd like to tackle during today's AMA (well, tomorrow's, for me) 😀.
enlighten us, please explain why you think this is scary.
To me scary is that I don't have answers to these questions:
Don‘t you think they‘ll maybe put them on market to accumulate more $LEO sooner or later? 🤔
No, I don't think that is the plan for now. Lets see what the team of LSTR says on it.
it‘s tuesday, ama time …
That is something only The Leostrategy or Khal can tell us. I hope they answer.
My not-much-informed take:
As it is an asset backed "security", this is the case in which the "scarcity" of the supply, a classic in crypto, is not at play.
As long as the backing is "coded" into the white paper, they could activate.. 1/2
2/2 .. More $LSTR when having enough reserves to back it with them. That should not change the price whatsoever and in my case it would show that the master plan is succeeding so I would be bullish.. 😅
Again, my two sats
To me, minting more would not be a bad thing - if ... (and only if..) further sales don't happen at a discount (such as we experience at our intitial sale) - but at a premium (NPV taking into account future USDC Cashflows).
Minting more then would just allow the flywheel to increase faster - while the additional shares provide a small benefit for the current holders (the premium).
But yeah - this is something you would want to determine beforehand.
MAX has one more zero.
Yes, but 1M max supply is still crazy low compared to anything.
I totally understand this. 1M max supply is crazy low!
It’s not scary if you read their blog post introducing the token
Fear is a lack of knowledge