While the Total Addressable Market (TAM) for @Flashstake remains the same, the transition to Flash 2.0 provides 10-20X more revenue potential for the protocol users.
Let's look at an example to show how ↓
In Flash 1.0, revenue was generated by taking a 0-20% fee on the upfront yield.
Assuming the protocol reached $1B TVL and the protocol fee was set to 5%, and the average return for Time Vaults is 10% APY -- this would generate ~$5M in revenue.
1/ I was recently asked this question about $FLASH in our telegram group. I wanted to share my response here 👇
2/ ETH pays miners for securing the network.
Every day, $ETH holders are optionally accepting dilution to subsidize the value of the network.
Bitcoin does the same thing.
3/ $FLASH is not much different in that holders are helping subsidize the protocol. The major different is that instead of paying miners/validators for securing the network, we are paying stakers for stabilizing the Flash protocol and primary asset.