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In the next two weeks, the Corn x SolvBTC.BBN pool LP/YT 🪂 points will increase from 14x to 22x 🔥
Based on @PendleIntern's estimate of a minimum $500M FDV for @SolvProtocol (i.e., $0.000012 per point):
💁♂️ With 148x leverage on the current YT price, by investing $1000 in YT, you can mine 88M points, which is equivalent to $1050 (considering only Solv points, not Babylon/Corn points).
This means that an FDV above $500M would be extremely profitable.
2/ If you don't want to bet on YT, during the 14-day point boost period, LP can also get about 6.3% annualized from Solv🪂 points.
In addition, LP itself has about 5-8% annualized, so a total of 11-14% annualized (& Babylon + Corn points)
~
The valuation model of @SolvProtocol points given by @PendleIntern last time, DYOR:
x.com/PendleIntern/status/1856...
3/ Why @SolvProtocol is not just a simple Babylon re-staking project, and the latest good news for Solv:
x.com/ViNc2453/status/18588191...
4/ If you want to dig 🪂, you have to catch the last train
Points activities require registration, VinC invitation code: 5FB2RA
Or invitation link: app.solv.finance/points/5FB2RA
About Solv member account: @SolvIntern @Ethean_yu
VinC holds this YT and LP
DYOR 🔚🙏 x.com/i/web/status/18595012247...
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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