Exactly right, great breakdown here
SURGE is actually a super low-risk way to "save" or have effectively mitigated downside while collecting 16.6%+ income
People see another token and immediately wonder about it. The reality is that this is basically a stablecoin like HBD with 16.6% income but it ALSO has a call option so that IF LSTR and LEO rise dramatically in price, you participate in that upside as well
https://inleo.io/threads/view/cryptothesis/re-leothreads-32kdcqzqd
HBD offers 15% Apr but $SURGE will pay 16.6 % APR. is that correct ?
Yes effective yield on SURGE is ~16.67% and pays out every single Monday in the form of either HBD or LSTR tokens (LSTR is bought and paid at equivalent prices on each monday if you choose that payment method)
SURGE is also priced at $0.90 and the par (conversion) value is $1. So it is effectively a 10% gain from initial sale + 16.67% yield with upside speculation - if LSTR performs well, you also participate in the gains
Whereas HBD just pays 15% APR as HBD 1x per month and has no upside potential
!stats
📊 Leo Strategy Voter Bot Statistics
💪 Total LEO Power: 2.489M LEO
💰 24h Payouts:
• LEO: 11.806 LEO
• LSTR: 1.911 LSTR
• Delegators: 39
!votes
🗳️ Recent Votes