What Is Leonidas (LEO) ?
Leonidas provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model. On top of that, users can earn by locking liquidity into the liquidity NODE to earn high ROI. There is also a profit generation system to bring income to xLEO holders. Leonidas Finance provides a Rebase 2.0 decentralized financial asset which rewards users with a sustainable fixed compound interest model. On top of that, users can also earn double-yield by providing and locking liquidity. There is also a profit generation system to bring income to the system.
Leonidas (LEO) Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Leonidas |
| Short Name | (LEO) |
| Circulating Supply | N/A |
| Max Supply | N/A |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
How It Work ?
$LEO Token
Leonidas is the native token which interest rebase rewards are paid. Every token holder automatically receives 0.02355% interest every 15 minutes just for holding $LEO tokens in their own wallet!
Liquidity Node
Leonidas Users can earn more $LEO token with really high ROI by providing liquidity and lock forever, thus bootstrapping more liquidity for the protocol.
Income Generation Pool(IGP))
Leonidas The IGP pool accumulates the trading fees in Avax to distribute back to loyal holders of $LEO$LEO Treasury Income generation also comes from Treasury Investment, which will be also redistributed on top of IGP generation The Fire Pit2.5% of all $LEO traded are burnt in
The Fire Pit.
Leonidas The more that is traded, the more get put into the fire causing the fire pit to grow in size reducing the circulating supply and keeping the LEO protocol stable.
Token Distuburtion
30,000 tokens for whitelist presale at 10 tokens for 1 AVAX(burned if not sold).
27,000 tokens for public presale at 9 tokens for 1 AVAX((burned if not sold).).
30,000 tokens for liquidity addition.
220,000 tokens for liquidity incentives.0 tokens for team. (We will pay team with part of treasury funds)
Summary: 5 Investing Strategies in $LEOHere’s a quick summary on 5 Investing Strategies in $LEO:
- Liquidity node = $LEO Reward
- Holding $LEO = Rebase
- Holding $xLEO = Rebase + Buyback
- Staking $xLEO = Rebase + Buyback + $Avax
- Staking $xLEO = Rebase + Buyback + $Eth
Auto-Staking?
Leonidas With Finance, Auto-Staking is exactly what it sounds like. Simply holding the $LEO token in your wallet, regardless of where you got it from, generates more $LEO tokens for you. So where does our 383,025.80% FIX APY come from? Every 15 minutes, the token would rebase and give you 0.0228% of your total $LEO FOR FREE.
Leonidas Assuming you do not add or remove any tokens from your wallet, with auto compounding being the 8th wonder of the world, after one year you will have approximately 383,025.80% of the token amount you started with. How does this work? It’s coded into the smart contract! To simplify the process, the token essentially airdrops you more tokens into your wallet every 15 minutes depending on how many $ tokens you currently have.
Treasury?
Leonidas The Treasury plays a very important role in Leonidas Finance’s protocol. It provides three extremely critical functions for the growth and sustainability of Leonidas Finance.1. The treasury functions as an additional financial support for the IGP:
- The will shift the weight more towards treasury acquisition for manual buybacks at critical price support points instead of automatic and liquidity building and investment in which profits will be distributed to holders.
- The manual buybacks will further help sustain $LEO price and will be better-timed compared to automatic liquidity adding, thus benefiting investors in the best way possible!=
2. The treasury is also used to fund new Leonidas products, services, and projects that will surely expand and build up $LEO use cases.3. Last and just equally as important, the treasury provides funding for Leonidas’s marketing activities.