@khaleelkazi's thread
It's September 23rd
LeoDex enables USDC rewards
LeoStrategy owns >1/3rd of all staked LEO (sLEO) on Arbitrum
$1,000 per day is earned by LeoDex affiliate fees
LeoStrategy earns $333 of that $1,000
LeoStrategy buys LEO with the entirety of those $333 in USDC rewards (3,333 LEO at the current price) and adds it to their sLEO holdings on the balance sheet
LPS increases which accelerates their ability to accumulate more LEO. It also increases their sLEO share from 33% to 33.5%
Every day, LeoStrategy earns more and more of the USDC earned by LeoDex and autocompounds it into more LEO, then permanently stakes the LEO. This makes LEO more scarce and increases the USDC earned by LeoStrategy the next day
Are you starting to see all the flywheels in motion?
LeoDex revenue is the initial torque. This torque is added to a perpetual motion machine that turns $1 into $10 of economic value for the LEO Token Economy
The gears are all in place. Now it's time to scale