RE: LeoThread 2025-10-29 22-16
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The way I understand it, it's like an algorithmic stablecoin that's pegged to the price of TSLA. It's backed by overcollateralized LEO. Where it differs is that it doesn't burn or mint tokens. It incentivizes buying with yield.
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What you say is true. I was asking as a test of the Leo AI, not so much to see what it would tell me but rather to see if it was active or dormant. It's still dormant.
Dang. I didn't catch that.