When the RCBF is launched, all LeoStrategy products will be repriced to their pegs
How?
The RCBF buys at a discount and permanently HODLs the purchased token. Yield is paid to the RCBF as autocompounded LSTR which is held forever inside the RCBF's treasury wallet
This creates a facility that permanently buys cheap sRWAs, earns yield from them and compounds that yield as LSTR that is bought off the market
- SURGE is repriced to $1 floor
- sRWAs like TTSLA are repriced to 1:100 TSLA
- LSTR gets permanent buying pressure
The RCBF closes the loop on LeoStrategy products and delivers daily buying pressure + convertibility to users
It also drives more profits to LeoStrategy by creating:
- More buy/sell volume on sRWAs
- More confidence on sRWAs
- More Market Maker Profits
Basically a permanent buy back of LSTR shares
That's what all of us are waiting for. I think after that the leostrategy product will boom as people will keep more trust on it.
But where will it get the funds from to be able to buy the discounted rwa’s? Is that through arbitrage?
Daily volume in the pools is like $100 per day on average?
I think you should use phrases like "expect" X to happen rather than "will". I am not trying to be too critical, I have a lot of LEO and SURGE but you should consider phrasing when you write posts, to avoid overpromising.
When do you expect RCBF to be launched, is there a timeframe in mind?