Part 2/13:
At the heart of Leo Strategy is the LEO token, which currently trades at approximately 11 cents. The platform maintains a total supply of roughly 30 million LEO, though this figure fluctuates daily due to token burns—an essential mechanism that reduces supply over time, potentially increasing token value. These burns are observable on Arbitrum, a layer-2 chain where users can track real-time supply and activity.
Leo Strategy holds a significant asset position of approximately 2.165 million LEO, which corresponds to a net asset value (NAV) around $238,150. This NAV is calculated by multiplying the holdings by the current token price, providing a baseline valuation for the fund’s assets.