/biz/ - Business & Finance

Let's do a full P/E calculation
>SSS: gets 32.5% of all volume
>LP: gets 10% of all volume
>Negative PnL: still gets burned (over the long term)

Total stats: 15B volume, -2.83M PnL
Thus burn is -$190 PnL per million in volume.
SSS gets $260 per million in volume.
LP gets $60 per million in volume.
Gov fund gets $100 per million in volume

Gov fund adds to book value, LP also needs DAI to LP, effectively halving the return to token holders. So taking LP and gov fund at half value we get:

Total gains for GNS holders:
$530 per million in volume.

>40 mil/day, 14.6B/year, 7.74M token holder profits
>100 mil/day, 36.5B/year, 24.2M token holder profits
>200 mil/day, 73B/year, 46.4M token holder profits

Currently at 40M daily volume it has a P/E of 6.
And that is including all the profits that were made due to Luna, AXS etc. that got the project a bit in a tight spot.