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Jake
@jakelim
YT Pricing for EigenLayer Airdrop I’ve been doing some napkin math in my head for a YT strategy for farming EigenLayer Points. If $EIGEN is $0.10 when airdropped, current YT eETH is selling at 31% discount and the profit from the strat nets $1,100 per ETH. Calculator link is provided below. https://bit.ly/3UyjwGJ
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Jake
@jakelim
3/ Total gains from 10 YT held to Maturity = $3,360 Formula: 33,600 EigenLayer Points * $0.100(Predicted Price of EigenLayer Points) 4/ Profit at Maturity: $1,060 (+46%) Formula: $3,360(Gains) - $2,300(Initial 1 ETH) Note: Calculation only considers base EigenLayer Points.
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