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File: 61 KB, 604x793, litstaking.png [View same] [iqdb] [saucenao] [google]
18666013 No.18666013 [Reply] [Original]

The main Lition energy staking pool earned a total of 18217 LIT yesterday.
That is 6.65 Million LIT annualized or 421,700 USD.
And that is not even total staking rewards but it's likely the bulk of them.

This is 421,700 USD that goes from the pockets of the Lition energy app users, into the pockets of the Lition token stakers.
If the lition token network was a company with shares and 421,700 USD would go to the shareholders, this 421,700 USD would be seen as the net yearly profit and it's shares would trade at a certain multiple of that.
What multiple? Well for a big mature company this would be around 20x like the current S&P.
For smaller companies this is higher, the Russell 2000 is trading at a 33x multiple.
For growth companies this is also higher, large growth companies like Amazon, Netflix, AMD or Salesforce trade at a 100x multiple or higher.
Small growth companies like Dexcom, Square and ServiceNow can trade at a 200x, 300x or 500x multiple.

It is not at all a stretch to say that this should be the case for Lition.
At 200x staking rewards, Lition should be valued at 84,34 Million USD.
Even using all Lition that will ever come in circulation, instead of the circulating amount, Lition should go up 1300%.
This is a no-brainer.

>> No.18666185

>>18666013
How to get lition?

How make money go big?

How many time until lition draw mountain big?

Do lition make lady go sex noises in lambo by eoy?

>> No.18666236
File: 8 KB, 220x229, yes.jpg [View same] [iqdb] [saucenao] [google]
18666236

>>18666185
>How to get lition?
>How make money go big?
>How many time until lition draw mountain big?
>Do lition make lady go sex noises in lambo by eoy?

>> No.18666271

>>18666236
Yes.

>> No.18666526

>>18666271
IDEX

>> No.18666585
File: 124 KB, 585x695, NEET Lition energy.png [View same] [iqdb] [saucenao] [google]
18666585

>>18666013
It's important to note that the LPS has a multiplier effect that comes from the ecosystem pool. Once the ecosystem pool dries out there won't be any multipliers. The staking rewards will still be great but not as freakish as they are now.

>> No.18666605

>>18666585
Anon the multipliers dissapear when the genesis phase runs out (which i dont know when that is sadly).

>> No.18666620
File: 474 KB, 1079x573, Lition shines.png [View same] [iqdb] [saucenao] [google]
18666620

>>18666013
Also yes I feel like most people who are invested in Lition don't actually have a clue how great the energy business is alone. They list Salesforce, EEC and EMINENT but Lition is so much bigger than this.

>> No.18666705
File: 470 KB, 500x257, Lition American psycho.gif [View same] [iqdb] [saucenao] [google]
18666705

>>18666605
In the whitepaper it says the first 2 years but they haven't set a hard date so it's very loose. However by that point the number of transactions going through the energy sidechain will be ridiculous so it won't matter.

>> No.18666707

>>18666526
LIT isnt even available on IDEX in the USA and this says a lot

>> No.18666713

>>18666620
N26
Volksbank
Sap...

And yes, the energy business alone justifies the current mc as undervalued.

>> No.18667024

I tried getting Lition on Uniswap but it showed up in my wallet as .262 LIT despite the fact I got 262. I was able to swap it back for the same amount of ETH I originally swapped it for, but it made me nervous. Somethings up there.

>> No.18667059
File: 971 KB, 1800x1200, Lition being worshipped.jpg [View same] [iqdb] [saucenao] [google]
18667059

>>18667024
Yes. Don't use Uniswap.