We're going to do some math this morning to show why @ResupplyFi is being undervalued by the market. Let's look at the top protocols on Ethereum (by revenue delivered to holders) market cap, FDV, and 30D revenue/market cap. Sky: $1.74B, $1.74B, 0.0068 M0: NO TOKEN Pendle: $856M, $1.42B, 0.00473 Aave: $4.7B, $4.9B, 0.00076 Curve: $1.1B, $1.8B, 0.00133 Thorchain: $462M, $560M, 0.00097 Peapods: $54M, $54M, 0.00692 etherfi: $801M, $1.56B, 0.00046 Resupply: $8.5M, $56M, 0.0372 Convex: $317M, $387M, 0.00073 Each one of these protocols is important to the DeFi ecosystem, but there is one that is punching way above its weight in terms of revenue that is being delivered back to holders and that is Resupply. Notice that Peapods has the next best ratio, but Resupply is still delivering 5.3x the value. Hippos undefeated.
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