OpenEden Bills Value Projection First, OpenEden's Valuation Compared to Ondo and Usual - Funding basis: FDV approx. $274M - TVL basis: $2.2B ?? Actually, Ondo started with a very high FDV relative to its initial TVL, and it has since risen 4x to $8.8B now, so the valuation relative to initial figures seems to have a lot of noise. For reference, current FDV based on GateIO pre-market is $861M Looking at current standards, a generous estimate might be around $850M. Bills from 1st to 100th rank total 406B, which is very high, and then the numbers drop sharply. Referencing my own accounts based on this, the top 10,000 ranks total about 600B. (There are over 50,000 total accounts, but the later ranks are nearly zero). Since 7.5% is allocated for Airdrop, Therefore, the value of 1M Bills is: - At FDV $500M: $62.5 - At FDV $850M: $106.25 - At FDV $1B: $125 Beyond that is wishful thinking... But the big surprise here is that even at $500M FDV, YT offers roughly 4x returns based on...
OpenEden point value forecast First of all, OpenEden's Valuation Compared to Ondo and Usual - Based on Funding: FDV about $274M - Compared to TVL: $2.2B ?? In fact, Ondo started with a very high FDV compared to its initial TVL, and it has since quadrupled to currently $8.8B, so the Valuation compared to the initial figures seems to have a lot of noise. For reference, the current GateIO pre-market Value is $861M. Based on this, it can be seen as $850M at best, Bills range from 1 to 100, totaling 406B, which is quite a lot, and after that, it drops significantly. Based on this, I checked my accounts, and it shows about 600B up to the 10,000th place. (There are over 50,000 accounts in total, but almost 0 in the later stages) Since 7.5% is allocated for the Airdrop, therefore, the value of 1M Bills is - FDV $500M: $62.5 - FDV $850M: $106.25 - FDV $1B: $125 After that, it's just wishful thinking... But the big event here is that even with an FDV of $500M, YT has an Implied APY...
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