$SURGE is basically a convertible note.
Here are the advantages according to Grok:
Holding SURGE allows one the opportunity to convert the token (debt instrument) into equity (LSTR) in Leostrategy. Basically SURGE is a funding mechanism that allows for balance sheet expansion without dilution in the immediate term. Only after massive appreciation will that occur (since 50 is the conversion rate).
RE: LeoThread 2025-09-14 11:20