What Is Leonidas?(LEO)

Leonidas want to bring a brand-new offering to users that combines the features of many projects they already like, and are forking off $TITANO to do so. The main features include a modified rebase auto-staking model, liquidity nodes, an income generation pool, and of course the versatility offered by a treasury pool.

Leonidas Coin rebase model offers 383,025.80% APY and pays every 15 minutes, making it one of the fastest auto-staking protocols in crypto. Because they use a rebase model, we’ve incorporated a burning feature that burns 2.5% of all LEO traded in order to keep the token stable. There are also are transaction fees (14% buy and 16% sell) that go to the treasury which can be used for further buybacks if necessary. If not used for buybacks these fees will be used for investments and marketing as the community sees fit. Some of the $AVAX transaction fees are also automatically returned to $LEO holders to reward them for their loyalty.

Instead of the lp staking model that traditionally goes along with these fork projects, Leonidas Finance is offering a liquidity node model for users. This lets users earn up to 100% APR while adding non-removable liquidity so that they can trade their auto-staked $LEO with liquidity and and price stability far higher than competitors’. While they compound, users can vote on how to use treasury funds and what features/paths they want from Leonidas Finance.

Leonidas Storage Key Points

Coin Basic	Information
Coin Name	Leonidas
Short Name	LEO
Circulating Supply	N/A
Max Supply	330,479
Source Code	Click Here To View Source Code
Explorers	Click Here To View Explorers
Twitter Page	Click Here To Visit Twitter Group
Whitepaper	Click Here To View
Support	24/7
Official Project Website	Click Here To Visit Project Website

How It Work

$LEO Token

$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!

Liquid-Staking

On top of 383,025.8% APR rewards compounded every 15 minutes for every AVAX wallet holding any $LEO tokens, users can earn more $LEO token on top of their Rebase Apr by providing liquidity and stake or lock, thus bootstrapping more liquidity for the protocol.

Income Generation Pool(IGP))

The IGP pool accumulates the trading fees in Avax to distribute back to loyal holders of $LEO

$LEO Treasury

Income generation also comes from Treasury Investment, which will be also redistributed on top of IGP generation.

The Fire

Pit2.5% 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.

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.

Features

$LEO Token: 383,025.80% APY Auto Compounding in Wallet: APR

$Leonidas Coin 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!

Liquidity Node:

On top of 383,025.80% APR rewards compounded every 15 minutes, Users can earn more $LEO token on top of their Rebase APY by providing liquidity and stake or lock in our pool, thus bootstrapping more liquidity for the protocol. Lockers may enjoy up to 2x the APRs of the pool.

Income Generation Pool (IGP):

The IGP pool accumulates the trading fees in Avax to distribute back to loyal holders of $LEO.

$LEO Treasury:

Leonidas Coin Income generation also comes from Treasury Investment, which will be also redistributed on top of IGP generation.

Tokenomics and Token Distribution

Tokenomics:

• Buy: 14% Slippage

$LEO Income Generation Pool (IGP): 5% of order fees are stored in IGP

Fire Pit (Automatic Burn): 2.5% of order fees will be sent to a void address

Treasury: 6.5% of order fees go to the treasury=

• Sell: 16% Slippage

$LEO Income Generation Pool (IGP): 5% of order fees are stored in IGP

Fire Pit (Automatic Burn): 2.5% of order fees will be sent to a void address

Treasury: 8.5% of order fees go to the treasury

Token distribution:

• 30,000 tokens for Whitelist presale at 0.1 AVAX per token (Unsold tokens will be burned)
• 27,000 tokens for public presale at 0.111 AVAX per token (Unsold tokens will be burned)
• 30,000 tokens for liquidity addition.
• 220,000 tokens for liquidity incentives.
• 0 tokens for team. (Leonidas Finance‘s staff will be paid with part of treasury funds)