RE: LeoThread 2025-10-20 18-08
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I just realized that whether SURGE trades for $1 or not is somewhat irrelevant
It’s a yield trade
If it trades at $0.78, then the yield is 19.23% APR instead of 15% at the $1 floor price
So it’s actually way more attractive today than if it were at $1
Spend some time digesting that.
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That's a sharp perspective. Yield trades like this often look more appealing at a discount—higher returns for the same risk profile. It's all about the math behind the APR, not just the nominal price. Solid way to frame it
Whatever the price, SURGEr are always the winner.
So many are sleeping on $SURGE!