The lure of new crypto opportunities can be too hard to resist; that how I felt about LSTR, the new token in the inleo ecosystem. It felt good to be pulled in by such an attractive adventure.
Not surprisingly, the community's recent focus on Leostrategy's initial token sale was nothing but spectacular. Over 70,000 LSTR tokens vanished from the market in mere hours, demonstrating the immense interest in this project. As the dust settles, the Leostrategy team has begun rolling out their services, designed to generate income for both LSTR holders and, to some extent, LEO token holders.
My initial strategy was to secure some LSTR during the sale, but LEO's impressive performance caught my attention. The token was performing exceptionally well, leading me to redirect my resources toward accumulating more LEO. I mistakenly assumed the LSTR sale would proceed at a slower pace, giving me time to enter later with additional funds.
July proved to be a pivotal month for my investment strategy. I channeled all my HBD earnings, along with some external funds, into LEO purchases. My total investment reached $130+, with an average entry price of $0.055 per LEO. Unfortunately, this focus on LEO meant missing out on the LSTR initial sale entirely.
The timing worked out beautifully, though. As Leostrategy launched their first service, LEO's price surged to $0.15, delivering a spectacular 5x return on my initial investment. This profit created the perfect opportunity to finally acquire my first batch of LSTR. I exchanged 450 LEO tokens for just over 30 LSTR. While some might consider this a modest holding, it represents my genuine effort and officially makes me a Leostrategy stakeholder.
The first service launched by Leostrategy focuses on content curation within the Inleo platform's microblogging section, called Thread. At its core, it's a revenue-generating mechanism for LSTR holders through upvotes on their threads. The service operates through @lstr.voter, a bot that LSTR holders can summon for rewards. The reward size correlates directly with the user's LSTR holdings, with 10 LSTR being the minimum requirement for participation. My 30 LSTR position puts me in a favorable spot to benefit from this service.
Leostrategy's innovative approach extends benefits to LEO holders as well. Through a passive earning mechanism, LEO holders can delegate their Leo power to @lstr.voter and earn daily dividends in either LEO tokens or LSTR, based on their preference. This hands-off approach to earning rewards adds another layer of value to the ecosystem.
Joining the Leostrategy movement marks an exciting new chapter in my crypto journey. Despite missing the initial sale, the path I took ultimately led to becoming a stakeholder in this promising project. Often, the best opportunities come out of unplanned twists in your investment journey, and this experience shows exactly that.
Going forward, both LEO and LSTR holders should be optimistic, as new services and opportunities emerge. It feels like we are at the right place at the right time, even if we have to take a different route.
Posted Using INLEO