A project secured $300M AUM right as war headlines hit.
Now at a ~$10M market cap.
Already Top 10 on Base by value held.
Been waiting for an entry - this looks like solid RR once the market calms down and remembers how to count.
Basic research and timing.
@SmallCapScience
x.com/SmallCapScience/status/1...…
50% APR maybe a bit of a fantasy but the 2% management fee is there - $6M from just this where $3M goes to the to treasury, $3M in token burns
Small Cap Scientist
@SmallCapScience
06-11
$DKING received a $300M AUM commitment from a sports gambling hedge fund. 👀
Let’s say they earn 50% APR on that $300M. The 20% performance fee on $150M earned is $30M with $24M being paid directly to $DKING stakers.
They also have a 2% management fee. On $300M that’s $3M for x.com/thedkingdao/st…
+50%, looking good.
+50%, looking good.
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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