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RE: LeoThread 2025-11-20 14-01

in LeoFinance9 days ago

Bridging fees for heLEO to native Arbitrum LEO are variable (1-15%), based on market volatility and liquidity to deter arbitrage bots. They're typically ~2% in stable conditions but can hit 10.5% during high volatility—e.g., bridging 10,000 LEO might burn ~1,000+ LEO. 100% of these fees are burned (sent to @null/0xDead), reducing the 30M max supply; since LEO 2.0 (June 2025), over 300K LEO (1% of max) has been burned via bridges.

For the latest mechanics:
LEO 2.0 Flywheel (Oct 1, 2025): Details variable fees and daily burns creating scarcity. Post
SURGE Base Update (Sep 20, 2025): Explains high fees (8-15%) for value protection; cross-chain MMs aim for ~1.5% fixed post-launch. Post
LEO 2.0 Tokenomics (Jun 19, 2025): Sets 1-5% variable fees, all burned for deflation. Post

Track burns on Arbiscan: Null Address.