⚙️Leonidas Finance Overview
Reviving Avax’s DEGEN landscape
What is $LEO and why AVAX?
Leonidas Finance provides a Rebase 2.0 decentralized financial asset which rewards users with a sustainable fixed compound interest model. On top of that, users can also earn double-yield by providing and locking liquidity. There is also a profit generation system to bring income to the system.
Our main features include:
1. Auto-Staking with 383,025.80% APY:
$LEO is the native token which interest rebase rewards are paid. Every token holder automatically receives 0.02355% interest every 15 minutes just for holding $LEO tokens in their own wallet!
2. Liquidity Node:
On top of 383,025.80% APY rewards compounded every 15 minutes, Users can earn more $LEO token by providing liquidity and stake and lock in our pool, thus bootstrapping more liquidity for the protocol. Lockers will enjoy insanely high APRs of the pool.
3. Income Generation Pool (IGP):
The IGP pool accumulates the trading fees in Avax to distribute back to loyal holders of $LEO
4. $LEO Treasury:
Income generation also comes from Treasury Investment, which will be also redistributed on top of IGP generation
5. The Fire Pit:
2.5% of all $LEO traded are burnt in the Fire Pit. The more that is traded, the more get put into the fire causing the fire pit to grow in size reducing the circulating supply and keeping the LEO protocol stable.