RE: LeoThread 2025-07-19 18:39
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Many think I want to hold more LEO.
But the truth is not quite that - I want to do anything I can to leave less amount of this CHEAP LEO to all the other potential buyers.
LEO amount is fixed, in fact - it is shrinking.
The more I buy - THE LESS is left for my competitors.
I HATE to see leostrategy and some other "anonymous" buyers buying lots of such very cheap Leo. The higher the price gets - the smaller amount they can buy. Simple.
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How's LeoStrategy anonymous?
I am the chairman, Task is on the board and a handful of others will step forward / be added
LeoStrategy is a coalition vs. a singular person holding LEO. Also, the LeoStrategy fund can never sell LEO which means every 1 LEO held by the fund is 1 LEO that can never reach the open market
LeoStrategy makes LEO more valuable for everyone as they buy cheap LEOs so that others cannot buy cheap LEO (in your words)
This should make you love LeoStrategy. It absorbs LEO off the market and makes it harder to get
What makes a guarantee it is not possible? How this ( can NOT sell) mechanism works?
Is leostrategy's acount master/owner KEY's a multi sig KEYs? Then who are holders of the that multi-sig shares?
If it is a sigle private key - who holds the key, who was the person who created this particular account ?
I just can not find answers to these questions. Maybe I'm to dumb to find them...
If one person holds the keys ( and I have no idea - WHO) - this in my eyes becomes very similar to a "single point of failure" creation.
I maybe wrong. But then I will wait to be pin-pointed what things exacttly Im getting wrong.
Multi-sig with multiple board members
All board members must approve of any action taken by the fund related to the $LEO it holds
We are in the process of setting up the LeoStrategy vault address on Arbitrum. It uses the same process as the LEO POL Vault Address (0x00263920Ece9cf7B4FCB7BA12DD820f747f0e67f) which uses Vultisig for treasury management
The fund can never sell a single LEO. It will never happen. Yet, any individual can sell LEO at any time
Using your same logic, I'd rather have a multi-sig fund that would need to delete itself from existence holding LEO than any individual. As an individual can choose to sell LEO anytime. LeoStrategy is a permanent hodler
It can never change and I have assured this (or I wouldn't have gotten involved)
How many total members on the board?
If the complete list of board members public?
Can it be seen some place?
Smth new 2 me. Never seen VULTISIG could be applied to Hive security, in any form. Asked AI. Responce does not say anythin about it either.
LeoStrategy’s LEO will not be on Hive
"Can never sell" - it is in a smart contract? How can you arrange this in HIVE-engine? Can we see it?
No matter who is buying them, they can't compete with you. You are already one of the top holders of $LEO and the only thing to accomplish is to come at #1 in the holders ranking which I think you will be at someday.
That's a bold plan.
That is how market works too. And reasonable at that. Your actions are your strategy and it should work for you.;
A competitor game. Sweet, go get them!
That would be fair. I also want to buy Leo, but I want to do it right. What do you recommend? #leofinance