/biz/ - Business & Finance

Why'd they do it?

>>16944514
>>16944627
Zoomers using the internet/apps Boomers built off our backs. We're just the actual meme generation

Again, assuming 500M of monthly volume (lol, that's 16M+ daily volume on an unproven platform in a saturated exchange market)

500M divided by 500 (assuming 0.2% average fee = 1M in "profits"

If I were to invest now $20k, effectivly buying 10k tokens, then I'd get a monthly dividend of 1M x 10k/50M x 3/4 (if I stake for 2 years) = $150 per month

Not compounding this would amount to $1800 a year for a $20k investment, giving the token a ROI of less than 10%, please explain to me how that is worth the opportunity cost of hodling for 2 year in what is the most dynamic asset class we've had so far

>>10906430
isn't BAKKT a direct competitor? catering to institutions with a massive orderbook, custody, ...

>>4310055