Just had a great meeting with the LeoStrategy team
I had a suggestion for TTSLA yield that they’re going to implement
The update will drive the presale to sell faster. Effectively, the entire yield of all 28,420 tokens will immediately start paying out (should start tomorrow)
This yield will be paid out based on the total TTSLA but it will be paid out to anyone who bought the presale early
So picture it like this:
10% of the presale has sold out and 2 people hold the tokens (just for example). Person A bought $7000 worth of TTSLA and person B bought $3000 worth of TTSLA.
These two will split the full $100k worth of yield between their $10k share. The full $100k will yield 3% x2 = 6% =$6000 per year / 365 =$16.43 per day
- Person A will get 70% of that $16.43 = $11.50
- Person B will get 30% of that = $4.93
Their effective yield = 60% APR (since the presale isn’t sold out)
This high early effective yield drives game theory for early sales. They can also choose to autocompound
That's very good news, especially in terms of the potential future performance of the TTSLA token. I hope to buy some today.
Awesome! I'm gonna need to buy more!