๐๐๐ฆ๐ฉ๐ก ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ช๐ฎรฉ
A short story about 88mph revenues ๐ฟ.
It all started with a Discord member triggering a conversation about 88mph total revenues.
So we decided to dive deeper into what was going on since our launch more than one year ago.
A ๐งต
A short story about 88mph revenues ๐ฟ.
It all started with a Discord member triggering a conversation about 88mph total revenues.
So we decided to dive deeper into what was going on since our launch more than one year ago.
A ๐งต
โข Total revenue since Nov 2020: $1,895,757
โข Supply side revenue since Nov 2020 (value of interest that goes to the lenders): $1,377,579
โข Protocol revenue (value of interest, fees, tokens harvested that goes to the $xMPH holders): last 180days: $216,7k. $518k since Nov 2020.
โข Supply side revenue since Nov 2020 (value of interest that goes to the lenders): $1,377,579
โข Protocol revenue (value of interest, fees, tokens harvested that goes to the $xMPH holders): last 180days: $216,7k. $518k since Nov 2020.
Taking in consideration that the majority of our revGen was done in the last 12mo, we found more interesting metrics that could help you "evaluate" how profitable the fixed rate industry really is:
~P/S: 5.9x, placing us between Cap, Yearn and Pangolin, GMX
~P/S: 5.9x, placing us between Cap, Yearn and Pangolin, GMX
~P/E (last 180d protocol revenue annualized): 25.9x placing us between Benqi, Liquity, and Perpetual protocol, Bancor.
Voilร !
Benchmark: #tokenterminal
Voilร !
Benchmark: #tokenterminal
โข โข โข
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