@khaleelkazi's thread
In the last 30 days, the LSTR pool has traded $271k. This makes it the 6th largest liquidity pool on Hive-Engine
It's only been live for 6 weeks and is currently not tradable anywhere but this LP and the Hive-Engine Order Books
When LSTR goes live on Base, this will introduce an even larger dynamic around volume and volatility
This is $271k in arbitragable volume for LeoStrategy that will only go up from here
Combine it with the volume from all the various LEO pools and the upcoming SURGE pools and you can see a massive flywheel of income coming to LeoStrategy
This income is used to buy LEO and expand the balance sheet. The expanding balance sheet allows LeoStrategy to scale upwards which will lead to LEO scaling upwards as well. All of this scale leads to more volume and volatility which leads to more income which leads to more balance sheet expansion for LeoStrategy
