Jongo is adding liquidity to the LSTR:LEO pool which has some really interesting economic downstream effects
- His exposure to LSTR:LEO simultaneously is interesting - getting both leveraged upside to LEO through LSTR but dampened volatility by actual LEO being paired in the pool
- Earning fees from swaps in the form of more LSTR and LEO = more LEO upside over long timeframes
- Adding liquidity feeds volatility harvesting around LSTR Equity shares which allows LSTR to acquire more LEO and add it to its balance sheet as sLEO which means more buying pressure on LEO + More LEO in LSTR which drives up the price of both LSTR and LEO simultaneously
We could spend weeks studying these economic impacts. As LSTR matures, I think we'll see thousands of variants on how you can participate in the LEO token economy in various ways like this and generate value for yourself and the economy as a whole
https://inleo.io/threads/view/jongolson/re-leothreads-32fx43a3k
This pool will likely get larger and larger over time in my opinion for at least the reasons mentioned above.
I love seeing how liquidity provision can become its own growth engine. I can only imagine the creative ways people will start playing the LEO economy as this matures.