RE: LeoThread 2025-12-16 15-20
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Where did you get the SURGE price from? Last I saw it was about .65
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You are viewing a single comment's thread:
Where did you get the SURGE price from? Last I saw it was about .65
I use the LEO/SURGE pool for pricing. The values that I put each day in the above post are conversions of LBI's asset value per token ($0.142) into the different tokens we have liquidity pools with.
So 1 LBI = 0.14 SURGE (not SURGE = 0.14)
I do that so people can compare the asset backed value (mNAV to use Leostrategy terminology) to the prices in the pools. Our assets are worth more than the market is currently valuing them through the pools.
Hope that clarifies any confusion.
Right, it made sense for all other assets except surge. Not sure what happened with my brain there 😂
Was a good clarification 👌🏼
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