Anyone who simply HODL’s LSTR tokens is earning this yield by way of LPS
LPS = LEO Per Share
The LEO Per Share of LSTR tokens is constantly increasing. Right now it is ~ 15 LEO per share and continues to grow daily
As LPS grows and the LEO price rises in USD, LSTR’s USD value rises expoenntially
https://inleo.io/threads/view/khaleelkazi/re-leothreads-2lgrr133t
right now I only know how to hold my LSTR and Leo. I think I have a solid base to start with. I'll do more as I learn. Can't wait until fiat onboarding is easier.
Been meaning to ask about this 15 LPS. Whenever I calculate, I get 8.6.
I am somehow messing up the calculation or missing some $LEO that they hold about which I don't know?
As far as i can tell, they currently hold 860,303.186 $LEO.
Divided by 100,000 =~8.6.
Does this apply to liquidity providers as well?