In this video, I talk about the new SURGE token that LeoStrategy has launched. In short, it's a token that could be easily described as similar to HBD but with no unstaking time, 16.67% effective yield and uncapped future upside.
SURGE's $1 floor price is driven by two main factors: 1. The $1 liquidation preference set permanently by LeoStrategy 2. Demand increases if the market ever trades below $1 (15% stated yield at $1 which has a higher effective yield if the price of SURGE drops in the open market)
I talk about the mechanics behind SURGE, my overall thoughts on SURGE and if I really think LSTR is headed for $50. One thing I love about LeoStrategy is that there's now a hard-charging team building for the LEO Ecosystem simply for the ultimate good of the LEO Ecosystem outside of the core team.
This LSTR Team is highly competent and has a wildly good roadmap ahead for generating accretive value (revenue that buys LEO and permanently stakes it on their balance sheet). I'm excited to see them continue to succeed as they already have proven more than capable of. LSTR is up 4x since their initial sale ended just last Monday.
00:00 Intro 00:52 LeoStrategy and SURGE Overview 01:18 Understanding SURGE Token Mechanics 02:19 SURGE Token vs. HBD: Key Differences that Make SURGE Better for Upside and Yield 02:47 SURGE Token's Call Option Explained 07:03 Economic Implications and Predictions - $100 LSTR imminent? 10:18 Final Thoughts
- LSTR token is up 4x since initial sale closed last week: https://tribaldex.com/trade/LSTR
- SURGE is now LIVE for a limited time: https://tribaldex.com/trade/SURGE
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