Introducing LSTR Voter | Passive LEO or LSTR Yield on Your LEO POWER
LeoStrategy is a permanent capital vehicle that invests in LEO. We permanently stake the LEO as sLEO on Arbitrum to earn USDC yield and autocompound for more LEO. Our fund's roadmap is to build income-producing products that generate revenue for us to buy more LEO and stake it on our balance sheet.
Today, we are proud to announce our first fully autonomous income-producing project: @lstr.voter.
Introducing LSTR Voter | Passive LEO or LSTR Yield on Your LEO POWER
@lstr.voter is a curation protocol that is exclusively built for INLEO Threads. It only curates threads (not blog posts) to encourage more rewards and engagement on INLEO's Microblogging platform.
Four Ways to Earn
- Passive Income for LEO POWER: You can earn passive yield on your LEO POWER simply by delegating LP to @lstr.voter. Every day at 0:00 UTC, you'll receive your LEO payout (or LSTR if you choose to be paid in LSTR).
- Use Threads: You can earn votes simply by using Threads if an LSTR holder prompts the "!vote" command underneath your thread
- Vote Commander: LSTR holders with at least 10 LSTR can call the "!vote" command. Stake-weighted to how much LSTR they hold (if you hold more LSTR, you give a higher vote %)
- HODL Rewarder: LSTR holders with at least 10 LSTR will get one random thread upvoted by @lstr.voter every 24 hours. Stake-weighted to how much LSTR they hold (if you have more LSTR, you get a higher vote)
*Note: you do not need to own any LSTR to earn LP Delegation yield. Delegators earn whether they own LSTR or not.
How It Works
Available Commands:
1). !settings will show you all of the available commands as well as your current settings
2). !stats shows you the global stats of the voter - how much LEO is delegated (currently 2.33M LP), how many delegators there are and how much those delegators have earned
3). !me will show you your delegation stats and lifetime earnings stats
4). use !vote underneath any user's thread to give out a stake-weighted vote (based on the LSTR you hodl) to that user. You get 1 per 24 hours, choose wisely!
5). use !votes to see 5 most recent votes and their permalink
6). if you are a delegator, use !leo or !lstr to change your reward preference for passive income payouts
Rewards and LeoStrategy Income
Rewards are earned as curation rewards on INLEO from INLEO's SIRP rewards pool. 90% of rewards are split to delegators as either LEO or LSTR (depending on which payment method the Delegator selects). The remaining 10% is collected as LEO to @leostrategy and permanently staked in our fund's balance sheet as sLEO. This adds to our LEO Per Share (LPS) key performance indicator for the health of our fund.
Rewards are paid every day at 0:00 UTC and they began paying yesterday. The rewards will continue to increase as the LP in the bot scales.
Scale is very important for LEO Rewards on Threads. For most users, it's hard to get over the dust threshold (as LEO gets more expensive). This in combination with the ability to drive higher curation returns because of our relationship to the LEO Ecosystem and Team, we believe delegating LP to @lstr.voter will be about the same or slightly more profitable than curating on your own.
We always encourage lions to be active on Threads and we want you to keep doing that. @lstr.voter delegations are for some of your stack or perhaps for other lions who want to sit back and just collect a check for yield every day.
FAQ
1). Do I need to be an LSTR holder to delegate LEO POWER and earn?
No you do not need to hold LSTR to delegate LP and earn. Anyone can earn on delegations. If you hold LSTR, you can command the bot but if you do not hold LSTR, you cannot command the bot (but still can earn from delegations).
2). Where does the LSTR come from for payouts?
Curation rewards are earned as LEO. If a user wants LEO, they receive LEO from their 90% share of the CR. If a user has opted for LSTR, then @lstr.voter swaps LEO to LSTR and pays it out to the delegator at the time of distribution.
LSTR for distributions are entirely buyback-funded. There is no inflation on LSTR nor rewards from a pool of any kind. You can verify this activity by looking at @lstr.voter's wallet around 0:00 UTC when each distribution happens.
3). Will increasing my LSTR stake benefit my votes?
Yes, holding more LSTR increases the 1 vote you receive each day as well as the power of the 1 vote you give out each day. This adds utility to LSTR for the first time above and beyond hodling for leveraged upside exposure to the LEO token's success.
LSTR Price Performance
Since our initial sale ended, LSTR's price has taken off like a rocket. The initial sale was for 4.25 HIVE per LSTR (~$0.92).
LSTR is now trading for over 20 HIVE per LSTR and $4.50. Representing a 389% gain for initial sale buyers.
Many wish that they had the opportunity to get into the initial sale. The initial sale was live for a few months but heated up quickly in the last 5 days of the sale (selling out more than 50% of all LSTR tokens in less than 5 days).
Our newest product launch is likely to go live today and will add another dynamic to the LSTR Economy and will bolster our volatility harvesting project (market maker) which will go live shortly afterwards.
This product also will give LEO lions a way to enjoy some of their price appreciation profits on the LEO token without exiting the ecosystem and losing exposure to LEO's future growth. We believe the timing of this product launch is absolutely critical so our team is sprinting with Khal's help to get it live. Announcement coming soon!
Posted Using INLEO
❌ Insufficient LSTR tokens!
Minimum required: 10 LSTR
Hold more LSTR tokens! 💰
I already got my first payout. Looking forward to the next one.
🦁🦁
!stats
📊 Leo Strategy Voter Bot Statistics
💪 Total LEO Power: 2345206.824 LEO
💰 24h Payouts:
• LEO: 11.806 LEO
• LSTR: 1.911 LSTR
• Delegators: 39
!me
👤 Your Leo Strategy Voter Stats
🤝 Your LEO Delegation: 250000.000 LEO
💎 Lifetime Earnings:
• LEO: 0.000 LEO
• LSTR: 0.291 LSTR
!votes
🗳️ Recent Votes
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
Congratulations @leostrategy! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 1500 replies.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
!stats
!me
Not working 🙃
If I put my LSTR in the LSTR:LEO pool, I still will get the upvote or the LSTR have to be liquid?
There is a minimum to delegate and earn?
Try the command in a on threads to see if it works :)
!stats
Well done.
Curiosity, is it known who's behind this project? And if yes, are you going to @hivefest
!me
Thanks for your update friend. Just delegate to both @leo.voter and @lstr.voter too. Let's keep trusting this ecosystem. Better days ahead
Thanks for the support! 🦁 now let's get back to work.
Wishing you guys all the necessary success
Oh crap I missed the thing for LSTR holders. Seems I'll have to buy at least 10 LSTR, then
Wish you the best of luck! 🦁
We are beginning to Expect the Unexpected
$LEO $LSRT $SURGE
https://youtube.com/shorts/tDRQDt5_ut4?si=IkEDiQx_JOax7KPy
Subscribe on YouTube: https://Youtube.com/c/OffgridTV