@khaleelkazi's thread

khaleelkazi
82
@khaleelkazi
ยท

I remember when people were saying "what happens when LeoStrategy buys up all the LEO Supply"

You forget that the supply gets inherently smaller and smaller as LeoStrategy buys

People have to sell their LEO in order for LeoStrategy to buy it

Right now, a lot of people are selling their LEO and I've seen LeoStrategy pick up 300,000+ LEO in the past 2-3 days

This is fantastic for the $LEO token economy IMHO. LeoStrategy can never sell the LEO it acquires, so 300,000 LEO in the last 2-3 days has now been permanently moved from weak hands to vibranium hands

If LSTR owns 10M - 15M LEO in the future, I think that's an amazing thing. It depends on what is done with the LEO it holds. If LSTR successfully launches derivatives, projects like @lstr.voter, @surge.yield, collateralized lending, etc. all around the balance sheet of LEO it holds, then they are driving constant cash to their balance sheet which is relentlessly poured back into more LEO.

Over time, LEO gets more scarce

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