We are tracking the real-time data of power downs / the activity of old Hivers who happen to have LEO from a long time ago
They're hearing about the price rise and have either initiated power downs or are selling whatever they have liquid in their wallet(s)
There's a lot of old stake out there but it is being dumped into the market. This is amazing for LeoStrategy
We get to expand our balance sheet at cheap prices while continuing to sell more SURGE
Once SURGE is sold out, the derivative market will open up. If you paid attention to the slide about Market Making, you'll see how much potential there is for us to expand these markets and make all of them with a huge competitive moat
This generates daily revenue which buys LEO, adds it permanently to our balance sheet and does two things:
- Increases the LEO price (because of our daily buy pressure)
- Increases our LEO holdings
Combined = exponential balance sheet expansion = more products which = more balance sheet expansion