RE: LeoThread 2025-10-03 18:20
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Fair game?
On 02-10-2025 20:38:33 UTC @leostrategy sent 2,001,302.473 LEO to arbi-leo bridge for wraping to Arbitrum LEO:
h t t p s : / / he.dtools.dev/tx/2bbd2de488063f6dd369617152729746066e534f
11 seconds later, at 20:38:44 UTC comes confirmation,
Wrapped LEO tokens sent!
Transaction Hash: 0xcb182b61060beb1db5b143b13e28a11adc706a73108b50ed2be715df9ed7ec1c
ERC-20-LEO Tokens Transferred: 1,991,295.711 aLEO
While everybody else eats exactly 10.500% (firm) wrapping bridging fee, @leostrategy paid a symbolic 0.5% , that is 10006 Leo instead of expected 210137 LEO
0.5% , or 21x times less than anyone else of you !
1984 on INLEO ?
I'll be happy if somebody proves me wrong.
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You’ve read all the content about how LeoStrategy has a whitelisted lower bridge fee, right?
This is a key part of the way the fund operates. Including the market maker
This has been said 6 ways from Sunday
No, I have not seen that.
There are several posts from them on it
Multiple threads from me
It’s also been answered in the AMA
The more LEO in leostrategy, the better. The 0.50% bridge fee they have is a fixed % and has been that way for several weeks
https://inleo.io/@leostrategy/how-leostrategy-engineers-volatility-to-create-profits-buy-more-leo-cts?referral=leostrategy
they are whitelisted for their market maker.
fair, yes
This is about the whitelisting stuff, I guess?
LeoStrategy should institute some governance protocols or mechanisms for LSTR holders.
You're correct and we shouldn't use leobridge at this high fee.
I will rather go longer path from heLEO --> SWAP.HIVE --> HIVE --> HIVE on Binance --> USDT on Binance --> USDT on arb --> Leo on arb