RE: LeoThread 2026-07-24 07-56
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Question for the more Savytech: Could it be similar the collapse of the Stablecoin in Terra to what happened into the 'Stables' in Leostrategy? Just curious if the mechanism of Algorithmic stable was used. 
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They just scammed us the LeoStrategy unfortunately we didn't realise it timely and got be fooled by Khal with his nasty trap.
Well, too late I realised the backed assets were not the Real assets, I was confident in a good move on TSLA and NVDA, that’s why I got surprised when these were up and the supposed derivatives were down in Leo-strategy (Painful lesson)
Unfortunately very painful, it happens when you trust someone blindly.
They forgot the word strategy that is in the name, they just copied what the real strategy did and hoped they would get money trown at them by doing that, this is a small community and Leo has no real value like BTC has
I think like Leo is a Token, in addition is a token from Hive which looks not stopping it’s falling.
In a way, yes, because UST was backed by a volatile token (LUNA) like LeoStrategy assets were backed by LEO, another volatile token.