@khaleelkazi's thread
The LEO:HIVE pool has traded over $10M now with $212,000 traded only in the last 7 days
This volatility will soon be harvested by @leostrategy. 100% of revenues will flow to the balance sheet as staked LEO and accrete LPS (LEO Per Share) to LSTR holders while permanently locking up more of the outstanding LEO Supply
The LeoStrategy team will have a moat around LEO arbitrage because the LeoBridge protocol will whitelist their market maker with a slight discount. This will allow them to be the main/only arbitrage bot for cross-chain $LEO swaps
While Hive bot operators will throw a fit because they're no longer able to pocket the money, LEO Lions know that LeoStrategy is soaking up all those profits to buy more LEO, put it on their balance sheet as sLEO and perma-lock LEO supply while increasing demand
Flywheel is going crazy. $3 price target might be too low
