Alright LEO peeps, what should #lbi do?
Our LEO pool position is out of range - do we:
- Don't touch, wait for @leostrategy to enter the market more aggressively buying it back up to our range.
- Pull it, swap some to USDC (sell LEO at this price?) and make a new position with a new range.
- Pull it, stake it as sLEO instead and not have to worry.
- Have a cry.
🎉 Thank you for holding LSTR tokens!
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If you don't want to invest right now, you can wait for leostrategy to buy back.
When your LEO pool position is out of range on LBI, option 2 is often smartest: Pull it, swap a portion to USDC to lock in some liquidity, then redeploy into a tighter range around current price (check LeoDex for ~$0.11-0.12 levels). This avoids full exposure while keeping upside.
Don't sell all LEO cheap—markets are rebounding per recent posts. Option 1 works if you're patient (LeoStrategy's MMs are scaling buys). Skip staking entirely unless you want passive yields over LP fees.
No crying needed; volatility's normal. DYOR, not advice.