Eric Chen

Let's attempt to evaluate @rollbitcom based on its on-chain competitors (Real-Yield protocol), assuming the current state and no growth. These are the gross revenues generated per day. (Please note that the last day only includes a few data points, so it should not be taken into consideration.) This is the same chart but using adjusted revenues [portion used to buyback and burn] Then we have the P/E ratio considering the gross revenue (the last data point has not been considered, as it pertains to the fees generated through a small portion of the day only). It is worth noting that yesterday we reached a low point. This is vs the 30/20/10% buyback portion. Range is 5 to 10. This implies that with a daily burn of 200k $ in $RLB tokens (assuming no growth), the estimated price range for $RLB falls approximately between 0.12 and 0.24, with an average market fair value valuation of around 0.18. This corresponds to a supply-side P/E ratio of 7.5. Currently, $GMX's P/E ratio is quite unfavorable at 43, but it used to average between 7 and 12 during its growth period. $MCB, on the other hand, maintains a P/E ratio of 10.5, while $GNS boasts a solid 14.3 (utilizing a similar mechanism involving burning and deflation). $SNX leads with a P/E ratio of 17.5, and $Unibot comes in at 20, considering bot fees exclusively at the moment. These metrics paint an intriguing picture of the crypto landscape, highlighting the potential for value and growth in various projects. Tagging @crypto_condom as he always helps with more alpha and opinions