If you’re shopping for YTs, here’s a YT for a newer yield-bearing stablecoin protocol finding PMF, expiring Sept 24, currently $642M TVL, about to cross into the top 50 DeFi protocols by TVL. @FalconStable YT-sUSDf currently has ~365 holders, for ~40M YTs. Let’s assume a future allocation of 0.5% of token supply to YT holders with an FDV at launch of $500M. YT-sUSDf is currently priced at $0.0234 If we just assume buying and holding ~440k YTs ($10k) the next 80 days, and for simplicity just assume 60% of points were rewarded the last 3 months while 2 months remain until expiry, leaving 40% of points. We might earn this fraction of the 0.5% token airdrop (I’m just guessing future token airdrop for YTs). 440k YTs /40M total supply *0.4*0.5% token airdrop Meaning 0.0022% of future token supply At $500M FDV, that’s an $11k airdrop At $1B FDV, that’s a $22k airdrop I’m making lots of estimates here, also assuming the supply of YTs is held constant for 80 days (which is not reality) so love to get feedback on what you’d modify but that’s my simplest moon math for buying YT-sUSDf for the next 80 days with $10k.
Pendle farmers, take note. your Falcon assets have been printing all this while... 📈 retroactive rewards are coming: • 36x sUSDf LP • 36x YT-sUSDf higher multipliers will be implemented in upcoming pairs - stay tuned! early birds fly higher.
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