@khaleelkazi's thread

Working on a design that will likely be launched through LeoStrategy and allow for collateralized lending on your LEO

1. Stake sLEO as collateral (sLEO is staked Leo on Arbitrum)
2. LSTR gives you a loan in stablecoins
3. While holding your sLEO, LSTR earns the yield it generates
4. When you want to close your loan, you pay back the stablecoin and get your sLEO back

This would be another revenue-generating product for LeoStrategy. 100% of the revenue would buy more LEO and perma stake it in the fund. This revenue supports the price of LEO over long timeframes and also bolsters LSTR’s balance sheet

dagger2121s ago