SURGE is a fixed income instrument that acts like a convertible bond. SURGE pays weekly yield at a fixed rate of $0.15 per 1 SURGE per year (paid weekly). 1 SURGE pays $0.0029 per week. 1,000 SURGE costs $700 at today's price and pays a weekly yield of $2.019 per week.
Up until today, you could get your SURGE yield paid to you on HE and Base in a few ways:
- On HE -> the default is HBD. You can update your yield preference to LSTR if you like
- On Base -> the default is USDC. Prior to our new update, you could not manage your yield preference
Base Connect
Base Connect is a new feature we released that allows you to connect your Base wallet to INLEO.
With Base Connect, holders of SURGE, TTSLA and any other future cross-chain assets deployed by LeoStrategy can manage their Base position using INLEO Threads.
It's a fascinating development and we spent quite a lot of time getting it right.
With Base Connect deployed, you can now manage your yield preferences + track your position for SURGE (and TTSLA) directly on INLEO Threads.
First, use Base Connect via Threads to connect your Base Wallet to your INLEO Wallet. Then, you'll gain access to all of the Base Connect Management features.
Introducing SURGE Autocompounding on HE & Base
One of the most highly requested features by the LEO community has been the desire to autocompound SURGE on both HE and Base.
We are excited to release SURGE Autocompounding for both!
The next SURGE yield payout is in about ~30 hours. If you want to get your SURGE yield auto compounded, make sure you update your prefrences in the next ~24 hours from when this post goes live!
How to Autocompound Your SURGE
To autocompound your SURGE on Hive-Engine, you just need to go to INLEO Threads and type "!surge surge" in a thread anywhere on the app. Then, you'll get a reply from @surge.yield mentioning that your Preference has been updated.
To autocompound your SURGE on Base, you'll need to first use INLEO Threads to connect your Base wallet to Threads. Our Base Connect feature makes this super easy:
- Just type "!SURGE base connect "
- Then click the provided link that @surge.yield replies with
- Sign a simple Text signature to verify your ownership of that Base wallet
Once you've used Base connect, your Base wallet is connected to INLEO Threads. If you want to remove your connection, you can do so at anytime. There is no signing of any funds-related TXs. It's just a simple text verification (like what you sign the first time you use Uniswap or any other major DeFi app).
Once you're connected, you can simply use "!surge base surge" to set your Base yield preference to be autocompounding SURGE.
Questions?
Drop a comment below and we'll gladly help you out. Our goal with the SURGE, TTSLA and future AI Managers is that we give users a very simple and easy onchain experience to manage their LeoStrategy holdings.
Posted Using INLEO
if I change my yield choice to SURGE is it fair to say I'd be getting 40 SURGE per week instead of 40 HBD? or do you check what the price of SURGE is trading for and make an adjustment up or down based on what it trades for?
thanks
You would get $40 worth of SURGE
So if SURGE is $0.70, you’ll get 57.14 SURGE
✅ Preference Updated
Your yield preference has been set to SURGE.
You will receive SURGE tokens as yield (autocompounding).
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