The Tokenised Tesla (TTSLA) presale ended on November 7th and went live on the open market on November 8th. The presale buyers received a 20% discount on its 1:100 TSLA:TTSLA peg and a 3% base APR with a 2x yield boost, resulting in 6% APR paid out daily at 12 AM EST. This yield boost will run for 60 days.
Generated with Nightcafe Studio.
Now, TTSLA is priced at 1:100 TSLA:TTSLA with the current 5% APR plus 2x yield boost for presale buyers. At the time of writing this post, the TTSLA Manager released an update to track the TSLA stock price and the TTSLA price, the deviation, the 3 Day moving average, the next policy rate and the current APR, as seen below. 👇
So, a new policy rate is released every Monday, which changes the current APR. As you know, the base APR was 3% during presale and a few days after presale, before it was changed to 5% APR on Monday.
Now, we are expecting the next one to be 20% APR... Yes, 20%, so if you bought TTSLA during the presale, you will be receiving a whopping 40% APR paid out daily for the next 7 days until the policy rate changes.
TTSLA will continue to correlate with the moves of TSLA. When there is a deviation below its peg, the yield increases, which increases demand to drive it back to its peg.
Overall, depending on the policy peg rate, the daily yield will fall within a 3%-20% APR range. But could it be more?
Are you a long-term TTSLA holdler or are you for quick profit?
Either of the two, the model is built to benefit both parties. Hodling leads to long-term exposure to TSLA with a non-stop daily yield.
Receiving Tokenised Tesla (TTSLA) yield daily for hodling TTSLA feels good. It's the first RWA product by @leostrategy on-chain, backed by LEO.
Through the TTSLA manager @ttsla.yield, you receive an hourly update on price movements and other relevant information about TTSLA and the next policy rate, which the 3 Day Moving Average determines.
TTSLA Yield Preference
TTSLA Base holders can now switch their TTSLA yield preference from USDC to LSTR or TTSLA by connecting their Base wallet directly on Threads through a TTSLA command, and following simple steps.
You can follow up on LeoStrategy's post to connect and manage your Base wallet on Threads.
In less than 2 hours, the TTSLA yield for a new day will be rolled out. Here is my last TTSLA yield record. My yield preference is set to auto-compound my TTSLA. You can set your most preferred yield and receive it daily.
Also, adding to the liquidity pool of TTSLA:LEO and TTSLA:USDC is an added yield.
If you're on the journey to building your crypto portfolio and multiple streams of income, you're on the right path with what is built on the Leo ecosystem.
The Leo and LeoStrategy teams are opening the streams for creators in the crypto space through the LEO tokens and the RWAs, and if you're a Lion, you're at an advantage because you get in before the rest and benefit more.
Get in as it's live in the open market and can be traded on Base and on Hive Engine
TTSLA to the world!
Now, what's next?
In three days, the 2nd RWA on-chain by LeoStrategy will be launched. These guys are not sleeping, haha. They are always on the go. So, are you ready for the 2nd RWA?
In the last AMA, we talked about what the next RWA would be. GOLD was mentioned, and those on the call agreed. The excitement is setting in.
Now, we are expecting a Tokenized Gold (TGLD) to be released on Monday, November 17th. It's our duty to make the presale a successful one.
Get prepared to buy a small amount or as much as you can, and increase your streams of income.
The TGLD model is similar to that of TTSLA, where TGLD grants exposure to the real GOLD stock. You can read more about it in LeoStrategy's post.
LeoStrategy's RWAs generate profit for LeoStrategy to buy back LEO off the market, which will never be sold, in turn, it drives the value of LEO upward, which increases the overcollateralization of LEO backing all LEO products.
Thank you for visiting and taking the time to read my blog post. Kindly leave a comment.
Love from @winanda. Stay connected. 🧡
Screenshots taken are mine.
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About Winanda
 | Winanda (Ikwuoma Winifred Diala) holds a Bachelor's degree in Petroleum Engineering. She embraced her passion and became a baker, recipe developer, creative writer, and food content creator. Composing songs, listening to music, and seeing movies, are a few of her hobbies. |
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