if the ratio leo/lstr increases the investment is more profitable. If the ratio decreases the investment becomes less profitable compared to just buying leo yourself.
You are viewing a single comment's thread from:
if the ratio leo/lstr increases the investment is more profitable. If the ratio decreases the investment becomes less profitable compared to just buying leo yourself.
Therefore you would expect a leverage >2x but that way you would also expect a max supply of 1m / leverage ratio (assuming 17m leo goal