1/12 @Treasure_DAO has 46 Treasure in its marketplace. If you don't know what they & their use case this thread is for you well if you do know them and are not sure what to buy

Me & @p4yl0ad created a simple automated google sheet that might identify a good buy from that list.
2/12 Treasures :

#NFTs you can stake alongside your $magic to increase the amount of magic that you can receive from #STAKING

A total of 5 different Tiers of Treasures are available with the Top Tier -1 giving you a 7.5-15% boost while the last Tier-5 giving you <1%
3/12
Tier 1 & 2
4/12
Tier 3 & 4
5/12
Tier 5
6/12
Supply of Treasures :

Apart from Grin & Honeycomb all other items have a chance to drop from the quest. Does this mean as more treasures get dropped the value of treasures goes down? not really they do have a mechanism where the treasure gets broken while crafting.
7/12
Why Boost?

Assume a base $magic staking gives 10% for a 2-week stake for 100 $magic staked which means you will make 110. Adding treasure alongside gives you this
Base: 100
Additive: 10%+2*Grin
10%+(2*15.71%) = 41.42%
Total mining : 141.42 $magic
8/12
Treasure Hunter :
A simple ranking from 1 - 46 is created for all treasures based on the % Boosts they add from top to bottom was created.
Ex: Honeycomb-Rank#1 & Quarter Penny-Rank#46

API from the treasure marketplace updates the floor price of each item every 5 minutes.
9/12
Based on the floor price a price rank is created based on the price highest to low.
In a fair market, both the Treasure ranks & Price ranks should be the same but markets are irrational hence I've graded them as Fair | Overvalued & Undervalued.
10/12
Fair valued:
If both the Ranks are the same or differed by just 1 rank, It's defined as Fair value.

Overvalued :
If the Price rank is 2 levels higher or above than the treasure rank.

Undervalued :
If the Price rank is 2 levels lower or below than the treasure rank.
11/12
Here is the Treasure Hunter Sheet It updates every 5 minutes.

docs.google.com/spreadsheets/d…

I would like to thank @p4yl0ad for supporting me with the #API stuff.
12/12
Disclaimer :

The above thread is my personal view and so are the contents of the google sheet.

DYOR

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