RE: LeoThread 2025-08-11 17:03

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This is great. I just found out about $SURGE and I'm understanding it's use.

Here's one question: If I own $SURGE without owning $LSTR, does that work too? Or do I have to own a bit of $LSTR first?

leofinance
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You can own SURGE without LSTR. SURGE is a convertible note.

By owning it you get 15% return (just like HBD in savings). There is presently a 10% discount, with it being sold at 90 cents.

Once $LSTR hits $50, the conversion is 50 SURGE = 1 LSTR. If you hold as the LSTR price goes up, the conversion is the same 50 SURGE = 1 LSTR (or $1 each).

If LSTR goes to $100, you conversion doesnt change but you have a LSTR worth $100 (or $2 for each SURGE).

PLUS you get the 15% APR the entire time you hold SURGE.

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Okay, thanks for this explanation.

I would have gone for 50 $SURGE but not having enough funds, so I think I can do 25 $SURGE and hold in one account or split it to be in my two accounts.

What would you suggest?

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