RE: LeoThread 2025-07-25 21:51
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Yes, I know that. What I asked is how the SIRP rewards will increase for those who do not take their LP to Leodex.
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You are viewing a single comment's thread:
Yes, I know that. What I asked is how the SIRP rewards will increase for those who do not take their LP to Leodex.
As I understand it, the SIRP funds will be used to pay out the people with Leo staked on Hive-Engine. The staked sLEO on Arbitrum will get USDC from fees earned over there. So...if a bunch of the LP gets unstaked and moved to sLEO on Arbitrum, the amount of LP on Inleo will go down so the rewards will get divided amongst less LP. I could be wrong...but I thought that's how it's going to work.
That's one reason owning LSTR is beneficial. You could benefit from the sLEO through that investment while still having your LEO staked as LP. I'll probably split it at some point.
!BBH