@leostrategy is building something that I consider extremely fascinating. It's something that I never thought was possible, but they are proving its possible every single day: Building assets on a LEO Standard.
Building on a LEO Standard means that they back every asset with LEO on their balance sheet. This ever-growing stake of $LEO on their balance sheet serves as pristine collateral backing each asset.
In the case of their Synthetic Real-World Assets (sRWAs), they are able to deliver assets that offer synthetic exposure to targeted underlyings while paying a daily DeFi yield.
The daily DeFi yield fluctuates based on a predictable, onchain and transparent policy rate which is set based on the 3 Day Moving Average of the tokens price vs. the targeted underlying.
They just came out with Tokenized NVDA (TNVDA) which targets NVDA's price at a 1:100 correlation using their peg policy model.
You can track it all onchain via https://inleo.io. Their manager account is @tnvda.yield. This account posts a thread every single hour with:
- The TNVDA price
- The NVDA price
- The real-time correlation
- The 3D Moving Average correlation
- The current policy rate
- The next policy rate change (set weekly based on the 3D Moving Average)
This model is absolutely genius and it allows them to release assets with specific exposure - like TNVDA - while allowing them to simply acquire more LEO and perma-stake it on their balance sheet.
Their LEO stake just crossed 4,000,000 LEO and continues to grow by thousands of LEO every single day.
I want to see LeoStrategy grow and flourish. I think they are an amazing source of Net Economic Inflows (NEI) to the LEO Token Economy.
Their TNVDA token is their latest offering and is currently live in presale on Hive-Engine. Presale buyers get a 10% discount to the 1:100 NVDA peg and you also have the option to buy & stake TNVDA during the presale do lock-in a +10% APR boost FOR LIFE (or until you unstake). This boost will give you an effective daily yield of 13% - 30% APR when combined with the public APR.
Posted Using INLEO