Thread by @ProtoFiProtocol

New financial thread about $PROTO and $ELCT value!

In just 2days we have collected almost 250k for the Fission that will give the possibility to $ELCT stakers to earn $DAI.

By assuming to use a minimum of 100k$ for the first 3days of #Fission protocol this means that...

The value of Electron can be calculated as below and consequently the $proto value, as you need $proto to get $ELCT.

Tomorrow there will be less than 2M ELCT in circulation but let's assume they are 2M for semplicity in making our calculations.

This means you will get...

You will then make 2.73% daily return on your staked $ELCT by assuming the actual 0.61$ price of $proto.

in APR terms this is a 997% return in stable coin.

which is an #insane ... 1869872% #APY considering #daily #compound.

Now let's deep into some comparison financial analysis.

By staking $BOO you get $xBOO for a 41% #APR
$BOO has a marketcap of 160M$ compared to the only 1.7M $ $proto marketcap.

Now let's standardize the $BOO value in marketcap terms to figure out what the $proto fair value is.

If $proto you standardize the value of $proto based on the amount you can get by staking $ELCT in the Fission in APR terms without even considering the daily compound APY but the APR only you will get that the $ELCT APR is 24x times higer.

This means that...

At the moment of writing #PROTOFI is generating 24x more money in relative terms (considering the TVL and Marketcap is much lower).

Under these assumptions $proto should be valued at 38M marketcap today... that , in price terms means

14.64$ $proto🚀📈🧐