that’s a good question, it primarily comes from @leostrategy generating additional income as an exponential on the price of LEO increasing
So I imagine it plays like this: they raise the $100k. Buy a bunch of LEO at a low price. Stake all the LEO, start generating yield. They generate yield from LEO POWER. Then they use additional income to buy more LEO.
LEO’s price increases and they tap their ATM offering to buy ever more LEO
I’m saying this based on my knowledge of how MSTR has generated a 3-5x leverage on BTC as a proxy ETF
I’m not sure if there’s also a strategy in place to raise debt
Microstrategy does this through bonds. Perhaps @leostrategy has some similar idea to use debt to purchase LEO
They’d need someone willing to look at the value held in the LSTR account/market cap and then give a loan based on it
Perhaps Maya’s lending protocol or some other form if they can solve it
that’s a good question, it primarily comes from @leostrategy generating additional income as an exponential on the price of LEO increasing
So I imagine it plays like this: they raise the $100k. Buy a bunch of LEO at a low price. Stake all the LEO, start generating yield. They generate yield from LEO POWER. Then they use additional income to buy more LEO.
LEO’s price increases and they tap their ATM offering to buy ever more LEO
I’m saying this based on my knowledge of how MSTR has generated a 3-5x leverage on BTC as a proxy ETF