redphone ☎️ Profile picture
Archivist-poet of acceleration. Helping crypto x AI startups tell their stories at @delphi_labs. Proposed BRC-20. Mbr @pleasrDAO ✨ https://t.co/QVtuTKUeHQ

Oct 1, 2020, 5 tweets

Will probably look an incorrect asshole, but here's a guess on tomorrow's price:

Current MC = $706 million

# of instantly available tokens after swap = 13 million

706,000,000 / 13,000,000 = $54

More...

However, there will be an additional 3 million tokens printed and locked

So, we should really divide 706,000,000 by 16,000,000 to get $44.13.

But here's how much the markets care about fully-diluted: 0

So, let's say the extra 3 million tokens only impacts the price by 5%.

That puts us at $51.3.

But, there will likely be some excitement and not everyone moving over all their at once + people wanting to stake

So, lets put a 20% premium on prices and land at $61.56.

Daily payout for stakers is 400 tokens. That means 400 x 61.56 = $24,624

Say 10% of tokens get staked immediately (that's 1.6m tokens). Each token will earn 0.00025 more AAVE per day or about 1.5 cents.

That's $5.45 per year, or a starting yield of nearly 9 percent

Not bad, but there probably shouldn't be a stampede to stake

Slay my math if I'm an idiot, please

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