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RE: LeoThread 2025-07-11 21:51

in LeoFinance • 3 months ago

A 1-5% fee (can be variable based on market dynamics) is charged on each bridge TX.

I imagine quite some heLEO will be moved to native $LEO on Arbitrum once the airdrop ends and USDC rewards will start.

Imagine if 15M, 50% of total $LEO would be moved to Arbitrum.

A 1% fee means 150K $LEO will be burned, that's what I call a bonfire!

3 months ago in LeoFinance by
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     3 months ago  

    The burning of $LEO over long timeframes is going to be uber bullish

    I wouldn't be surprised if the supply of LEO is closer to 25M by 2030 or sooner

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       3 months ago  

      I agree but over time, in general, burning will happen more spread. With a lot of $LEO being bridged to start to receive USDC rewards, there will be a significant burn in a short timeframe (I guess)😁

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