- Mechanics and Purpose: $SURGE operates with a $1 liquidation preference set by LeoStrategy, ensuring a minimum value, and its price is supported by market demand dynamics that increase the effective yield if the token trades below $1. Unlike traditional stablecoins, $SURGE aims to combine stability with significant growth potential, functioning like a call option on the LEO ecosystem’s success. It’s part of LeoStrategy’s broader mission to accumulate and stake LEO tokens, generating revenue to enhance the value of both $SURGE and $LSTR (LeoStrategy’s native token).
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