Operation Bootstrap update 01/22/25:

1. AMPL rewards: 44.5%
2. Uni v3 LP fees: 18%+
3. AMPL expected rebase: 3%+
4. SPOT price 2.1% above FMV

Interpretation:

1. 44.5% APR that increases with rebase
2. 18% stable yield from trade volume
3. AMPL rewards increasing
4. Uni v3 pool asking for more USDC then SPOT

What to expect in the coming days:

1. AMPL reward APR increase
2. Uni v3 stable yield increase as SPOT lowers to $1.39 (FMV)
3. Total AMPL rewards to 550k+
4. Uni v3 pool balancing back toward 50:50 SPOT/USDC attracting more deposits

SPOT bootstrap 01/24/25

1. Total Yield: 70.4%
2. Expected Rebase: +2.98%
3. SPOT price still 2.1% above FMV

So that means:

1. Total yield increasing despite more deposits
2. It’s going to keep increasing
3. SPOT hasn’t reached equilibrium price yet