yeah I agree! But with leverage into play you would expect the number of LEO that could be purchased with 1 LSTR token would increase. Right now 1 LSTR gets you +/- 17 LEO.
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yeah I agree! But with leverage into play you would expect the number of LEO that could be purchased with 1 LSTR token would increase. Right now 1 LSTR gets you +/- 17 LEO.
Without leverage 1m x 17 leo = 17m leo already.
If leverage comes into play I don’t understand the max supply (as we won’t need that)
if the ratio leo/lstr increases the investment is more profitable. If the ratio decreases the investment becomes less profitable compared to just buying leo yourself.
Therefore you would expect a leverage >2x but that way you would also expect a max supply of 1m / leverage ratio (assuming 17m leo goal