Reality check, before buying up $LSTR consider the liquidity it has for you to sell it. If no one wants to buy it from you, it's basically stuck. Just saying...
Reality check, before buying up $LSTR consider the liquidity it has for you to sell it. If no one wants to buy it from you, it's basically stuck. Just saying...
Another reality check: the value of LSTR is backed (aka guaranteed) by the value of the LEO it holds
The value of the LEO it holds is already $100k+ which means that even if it somehow lost all the newly raised capital (everything after 50k LSTR - aka half of the raised capital), it would still be a net profit in terms of mNav (Market Cap to Net Asset Value)
If it dumps in price when the pool goes live, the dumpers are giving away free profits to anyone smart enough to run the math on the underlying holdings
thanks for clarifying. I was watching your video !
So if the Net Asset Value mark 10 per token and the Market Cap (and the pool) mark 5 per token, how I get my 10 if I want to sell? 🤔
The fund will always trade roughly around mNav over long periods of time
So you sell when it trades closer to mNav if you want out
Or be the guy who sells cheap and I (or many others) will be the smarter guy who buys your cheap LSTR and sells it as the pendulum swings the mNav back to 10
👌
I was thinking that since it comes out... but hey FOMO
well 1:1 LSTR:LEO pool will solve this issue right? The team has promised that.
But since $LEO is now 11 cents, and LSTR is now at $0.94, wouldn't that be a loss with 1:1?
umm… they have talked about as soon as the initial fund sells out they will have a liquidity pool.
I would not invest until they solved the ability to liquidate.
would be interesting to see whether it costs more or less to buy LSTR then.
some tokens have more liquidity so there is less risk