RE: LeoThread 2025-07-20 10:58

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500K LEO will be burned before USDC rewards go live

A couple of days ago, I did a poll wondering what other lions think about:
How much $LEO do you think will be staked at Arbitrum on day 1 of USDC rewards?

I didn't have that many responses so will just run a couple of estimations.

I asume that most people who unwrap LEO, will stake it so staked LEO = LEO moved to Arbitrum.

As far as I know arbitrage fee will be between 1% and 5%, not sure if I am up to date though, so correct me if I am wrong!

5M staked, 1% bridging fee: 50K burned

10M staked, 1% fee: 100K burned

15M staked, 1% fee: 150K burned

20M staked, 1% fee: 200K burned

5M staked, 5% fee: 250K burned

10M staked, 5% fee: 500K burned

15M staked, 5% fee: 750K burned

20M staked, 5% fee: 1M burned

My guess: +- 500K LEO will be burned
(15M staked with a 3-4%fee)

#napkinmath

https://inleo.io/threads/view/stekene/re-leothreads-2vsw12jft

leofinance
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Ah now I get it^^ Y the fk did thought it has been deployed yet !LOLZ !ALIVE

Haven't used #arbitrum yet - do I get it right, that it gonna cost some $ETH to stake $LEO on #arbitrum?

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Maybe it was a clickbait title 🙈

Don't know about the gas fees, good question!
Should ask it in the next ama!

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