Mayur Pujara
@mayurpujara
Consensys has invested in Nile exchange. Nile is a AMM on Linea. Consensys investing in Nile is a very similar investment done by Coinbase on Aerodrome finance. Aerodrome finance trades at an valuation of 2.8 billion USD while Nile is trading at 24 million USD. The valuation gap is slightly justified by the TVL gap and user activity between the two ecosystems. It is obvious that Nile is going to lead the trading activity on Linea going forward. A good airdrop($LINEA) builds a strong user-base which is loyal to the ecosystem. Nile might be a good investment 1/1000th valuation of Aerodrome.
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