TTSLA: Your Tesla Token with Daily Rewards!
This post is about TTSLA, which is a new digital token that acts like a tiny piece of TSLA (Tesla stock). It's the first special asset launched by a company called LeoStrategy.
What Makes TTSLA Special?
It’s Like Tesla Stock, But Better: If you own regular TSLA stock, you don't get a regular payment. But when you own TTSLA, you get a payment, called a yield, every single day!
The Yield is the Secret Keeper:
This daily payment is super important.
It's the engine that helps keep the price of TTSLA very close to the price of TSLA stock.
This is called keeping the peg.💵
How You Get Paid
How often do I get paid? Every day (once every 24 hours).
We pay you often because it helps the price of TTSLA stay close to the price of TSLA.
What do I get paid in?
You get to choose!
You can get paid in different digital money like USDC, HBD, TTSLA, or LSTR.
How do they figure out the payment?
The payment is figured out using the price of your TTSLA token and a yearly rate called APR.
The payment is in US Dollars.
For example, if the rate is 10%, you get about $0.0115 for every $4.20 TTSLA you own each day.
Is the payment rate a surprise?
No! Every Monday morning, the payment rate for the next 7 days is announced to everyone.
It's very easy to know what you'll get.🛡️
How the Yield Guards the Price
The best part is how this daily payment changes to make sure TTSLA always follows the price of TSLA.
If the TTSLA price goes too low: The daily payment (yield) will automatically increase (up to a high of 20% per year).
This is a big reward for people who buy it when it's cheap, which helps bring the price back up to the right level.
If the TTSLA price goes too high: The daily payment (yield) will drop to a lower rate (3% per year).
The company might also create a few more TTSLA tokens to increase the supply and help lower the price.
In simple words:
The daily yield is like a smart tool that LeoStrategy uses to keep the price of your token stable and correct. It’s not just a gift; it’s the engine that holds the peg!
✍️ About the Author & The INLEO Community
🙋♂️ Author: Shortsegments
This post was written by @Shortsegments, an author who has been covering cryptocurrency, blockchain technology, decentralized finance, Bitcoin, Ethereum, and digital ledgers for seven years.
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Thank you for reading my post!
I like the idea of a token that follows Tesla stock but also gives daily rewards. The dynamic yield system makes it even better , a smart way to mix crypto and real world assets.
I like it also. I am unsure how this tie to TESLA stcock but deoendence on trading pair transation fees will play out
Thanks
This Tesla token if the project is actually sustained for long, it will be sustainable
#hive #posh
Thanks
Welcome
Tesla is a company that is quite famous at the moment, so we should also try to invest in all the things that are similar to Tesla and that are with Tesla. They can give us good returns in the future.
I agree that the narrative often drives the market, and TESLA is enjoying good narrative for years, so money was to be made.
Yeah you are right.