Adekunle Adewale🎭⚡️🍄
@adewale12
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Base Economy Token is still 2.82 times underpriced if you compare it to the Farcaster Network token.
Here is why:
Base Economy token gets 10% of Protocol Rewards, which is right now 5M * 10% = 500,000 $Moxie Daily or 3,500,000 $Moxie per week.
Farcaster Network Token got 2,304,231 $Moxie this week.
Market Cap of the Base Economy Token is 304,630,268 $Moxie
Market Cap of the Farcaster Network Token is 566,230,650 $Moxie.
So:
Weekly ROI for the Base Economy Token is 1.15%
Weekly ROI for the Farcaster Network Token is: 0.41%
So the weekly ROI of the Base Economy is 2.82 times better than the ROI of the Farcaster Network Token.
🔑 DYOR
https://go.moxie.xyz/s/8hJ
cc @betashop.eth 0 reply
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