Introducing LSTR on Cross-Chain | Trade, LP, Bridge and Profit

in LeoFinanceyesterday

LeoStrategy is a permanent capital vehicle that is built to acquire LEO and permanently stake it on our balance sheet. We acquire LEO by releasing profitable products, services and derivatives that leverage our unique capital structure to deliver value to users and presale buyers. Meanwhile, we create Market Makers that have unique cross-chain moats (via whitelisted bridge fees) to arbitrage all of the assets in our capital stack, generate profits and acquire additional LEO.

With each additional LEO we add to our balance sheet, all derivatives on our capital stack become more and more over-collateralized. This allows us to expand existing derivatives + launch new derivatives.

Right now, our capital stack looks like this:

RWAs are not yet live, but will launch soon

SURGE lives at the top of our capital stack which means that the $1 liquidation preference always remains in tact. If you buy SURGE, you earn fixed income and know for a fact that you will be paid $1 for each SURGE in the future no matter what. This $1 will come from either the liquidation preference or the conversion to LSTR optionality.

LSTR equity represents common token holders (anyone who holds LSTR). LSTR holders effectively get a leveraged long bet on the LEO held on LeoStrategy's balance sheet. LSTR can be valued using various metrics like mNav and LEO Yield which have been popularized by BTC Treasury Companies like Microstrategy.

LEO is the base (pristine) collateral that serves as the bedrock of our entire capital stack. Our entire structure is built to increase the LEO bedrock foundation in terms of actual amount of LEO and USD value of the LEO held. The increasing USD Value of LEO leads to continual expansion for the top of the stack. As the LEO Collateral expands, we are able to scale the size of existing offerings and release new offerings.

In this post, we're happy to announce that LSTR has been launched on the Base Blockchain as a cross-chain asset.

Introducing LSTR on Cross-Chain | Trade, Bridge and Profit

Trade LSTR on the best cross-chain DEX interface on the planet: LeoDex!

We introduced this blog post by talking about the capital stack to ensure that any new entrants to LeoStrategy (LSTR) understand the entire capital stack and how LSTR lives inside of it. LSTR is the core equity that represents the LeoStrategy Permanent Capital Vehicle.

The presale of LSTR was priced at $0.90. LSTR is now trading for ~$5 per token on Hive-Engine and Base which means presale buyers have earned themselves a triple digit % return since August 4th (when the presale ended).

This launch of LSTR on Cross-Chain includes:

  1. LSTR oracle now live on Hive-Engine at @lstr.oracle (use this oracle to bridge to/from Base blockchain)
  2. LSTR now live for trading on LeoDex!
  3. LSTR:ETH Pool now live for LP'ing on Uniswap V4
  4. LSTR's Cross-Chain Market Maker is now LIVE and profiting from native arbitrage

How-To

  • How to Bridge LSTR to/from Base
  • How to Swap LSTR on LeoDex
  • How to Pool LSTR on Uniswap

How to Bridge LSTR to/from Base

To bridge LSTR to Base, you just need to send LSTR to @lstr.oracle with your EVM Wallet Address (Base blockchain address) as a memo. The fee to bridge is 2%.

To bridge LSTR to HE, you need to interact with the contract directly on Basescan using "ConvertTokenWithTransfer" operation.

You can find that here.

We are working on our LeoStrategy Dashboard App which includes the ability to bridge LSTR (and SURGE) through the App Directly. If you would rather wait for the frontend to be live, you are welcome to do that.

In the meantime, you'll need to bridge manually by sending LSTR to the oracle with the proper memo or by interacting with the Base contract directly.

How to Swap LSTR on LeoDex

You can swap LSTR on LeoDex with any native cryptos. You can swap USDC and other assets directly with LSTR (Like BTC, ETH and hundreds of others).

Swap native LSTR on LeoDex here!

How to Pool LSTR on Base (Via Uniswap V4)

To pool LSTR:ETH on Base, go to Uniswap and click "Add Liquidity".

Then you can create a new position using the Uniswap UI. It will walk you through the process. You can either add concentrated liquidity or add normal liquidity. Concentrated liquidity makes your capital more efficient but requires you to set a trading range.

What's Next for LeoStrategy?

In our last blog post, we introduced the LeoStrategy VIP Whitelist. All 25 spots were filled by LSTR holders. We will open the whitelist again in the future but right now, it is closed.

The next LeoStrategy launch will launch with an exclusive discount to VIP's and then open up to the rest of the market afterwards.

LeoStrategy has developed an RWA Launchpad (Real World Assets) and we will launch the first one very soon. Set up some reminders and pay attention to LeoStrategy Blogs and Threads to find out exactly what and when.

Right now, SURGE and LSTR just went live on Cross-Chain. This marks a major expansionary moment for LeoStrategy.

Many have asked our marketing plans for broadening the LSTR user and holder base. Strap in and get ready. We have a lot planned on this front and all will roll out with our next launch. The first RWA will attract a much wider audience and bring new capital into the ecosystem along with new users of all LeoStrategy products.

The beauty of LeoStrategy is the vertical integration. When anyone enters the stack, it improves the whole stack:

  1. More LEO is acquired, over-collateralizing the whole stack
  2. More LSTR holders find out about new products and existing products
  3. More users find out about fixed income products like SURGE
  4. More people find out about LEO

The beauty of our design is being a hyper profitable ecosystem that drives revenue to the bottom line to buy LEO and expand our balance sheet.

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Where can I check if I'm on the whitelist?

If you submitted the form during the 48 hour window + hold 100 LSTR, then you're on it :)

no idea there was a whitelist.

i feel this should have had its own thread or post instead of being buried in bridging announcements.

We understand and apologize if you missed the window

We did announce it in 2 separate blog posts and in 5 separate threads over the ~48 hour window where they were open.

The goal of the whitelist is to be exclusive. Not many spots were available and the window to join it was only 48 hours long. There will be future windows of opportunity to join but it will always be hyper-limited and not pre-announced. The purpose is scarcity and we hope you understand + appreciate that.

Blogs:

Threads:

nope.
not everyone is on all the time.

so many things you do are so sus
from day 1

If your favorite artist does a pop-up in your city and you weren't online at the moment it was announced so you missed the announcement and therefore the pop-up; are you mad at this artist?

I'm sorry but you can't be mad that a limited pop-up window was announced and 48 hours of time was given to join it but you happened to not be around for that pop-up.

The very point of the pop-up is such that you don't know its coming, its limited and it feels special to have caught it.

Attacking us won't change the fact that a limited window was presented and the very point of it was that only some people had a chance to get a spot.

How do I know if I made it to the whitelist?