Have you ever asked yourself:
- Why can't you trade stocks on the weekend?
- Why can't you transfer your shares globally and with near-zero fees?
- Why can you deposit cash and earn interest but you can't deposit stock shares and earn interest?
- Why can't you trade fractions of fractions of shares with nearly no fees and have instant settlement?
LeoStrategy's RWA (Real-World Asset) Launchpad will solve all of these problems
Got questions? We've got answers
Let's do a little weekend AMA over threads. Ask anything in this #threadcast and our team will reply 🦁
what assets are being considered first? My vote Tesla.
I 2nd this!
I 3rd this.
I agree.
all will be on arbitrum or base?
For now, all are planned on Base
Base has a lot of capital flowing through it (especially TradFi). We can always consider expanding to other chains as well
ama
off topic but you guys should make a Twitter and share all your threads there to capture peeps outside of hive. It's not that hard to automate this these days 🙃
Really, didn't know that stocks can't be traded on weekends. But why is it so?
Stock markets aren't open on weekends.
Okay, thanks.
Morning,
Hope you have a great week
Peace
Let make another great week in leoverse 🦁
how ate the stock backed? Who gets the dividents and the voting rights? Who is holding the backing?
Good questions,
These are tokenized synthetics that are designed to trade with correlation to the underlying based on yield-driven policy dynamics
For example: "xNVDA" would trade in correlation to NVDA but does not actually comprise NVDA stock. It would have a "2% yield" if the correlation is trading at par. If it is trading off of its peg (say, 10% below the peg), then the yield might be 8% until it regains the peg
Will we be able to buy it on Base during the Presale?
Yes!
How will that work, when stock market is closed u can trade tokenized stock, but when stock market opens they will set the price, it's not like they are going to adjust the price to what the tokenized stock is?
Fascinating question. The high-level answer is in the way we've designed RWAs as synthetic exposure to the underlying
Let's use NVIDIA stock as an example: NVDA pays 0% yield (no dividends). It is currently trading for $183.22 and the stock market is closed
LeoStrategy's RWA protocol could release something that we can just call "xNVDA" for the sake of discussion
xNVDA trades for $182.22 right now (-$1.00 cheaper than NVDA). It's Sunday and the markets are currently closed. Let's assume some negative news came out or generally, people trading xNVDA believe that NVDA will open lower when TradFi markets open tomorrow. This gives xNVDA a kind of "PreMarket trading vibe"
When the market opens, xNVDA traders will watch the NVDA price and trade xNVDA accordingly. Perhaps traders were right and the price of NVDA opens lower, then xNVDA will naturally gravitate to wherever NVDA is trading
1/2
2/2
When the market is closed, you could view it as "premarket" or "after hours" type of trading. Most assets can actually trade outside market hours but are usually restricted to the big boy hedge funds
The design of LeoStrategy's RWAs uses yield policy to govern the peg. Without getting too much into the weeds, this means that if the peg drifts low; yield increases. If the peg drifts high, yield decreases
For example: if xNVDA is trading for 10% less than NVDA, then the yield policy will increase the yield on xNVDA to drive demand
If it continues to trend lower and diverge from NVDA (let's say 20% less than NVDA the next week), then the yield policy will increase the yield even more
The yield increase continuously to increase demand until the peg is regained. Other mechanisms like locking (Staking) can help to re-peg in large downturns. For example: if it de-pegs 30% to the downside, a window can open to buy and lock xNVDA for extra yield (increased demand + reduced float)
OK, so u get yield, where does that money come from, u're now paying to hold SURGE from what was paid for it, all income i see beeing posted is used to buy more Leo, would be great to also see some income beeing set aside for this
When you say that we can deposit stock shares and earn interest, what do you mean?
Got no questions, here to learn.
How are the RWA's backed? Or what kind of guarantee there is that these will be pegged to the price of the real world stocks?
Is Leostrategy on X? Tried tagging it to a tweet I made but it wasn't working.
Let's have the X account handle for Leostrategy
https://inleo.io/threads/view/brando28/re-leothreads-43aq31wf?referral=brando28
Oh cool :)
What is the first one to roll out?
Now that one is a secret
What I can tell you is that it will roll out this coming week and it will be a company that many in this space are fascinated by
It also has a significant amount of volatility which will inject vol into the entire stack and create more profitable outcomes for our Market Makers
Hmm Space(X)?
I wonder if that was a hint.