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This is what peak fundamental analysis looks like.
The fundamentals of Avalanche 🔺
🔗
Disclaimer: Include opinioni di terze parti. Non è una consulenza finanziaria. Può includere contenuti sponsorizzati.
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🦋 @gauntlet_xyz has built products that allow LPs on Morpho to earn more revenue. Is Gauntlet = Morpho? No. Gauntlet is a separate business with its own PnL.
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Ethereum L2s 1) try to expand the revenue potential of the Ethereum L1 by enabling new uses cases & demand 2) try to build $ sustainable businesses that charge users more over time (replace VC funding w/ revenue) thing is, you can say the same about MOST adjacent businesses
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fwiw we focus on each protocol as a *business* tt: "you're building a lending protocol?" team: "yeah, we're on 5 L1s (all technically a bit different), we're most aligned w/ XYZ, & we also have our own L2 + some offchain components" tt: "got it, still a lending marketplace"
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I either get fired or promoted tomorrow, no in-between
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if a marketplace business 1) changes its take rate (e.g. from 20% to 80%) and you, as a data platform, have to 2) change your metric methodologies to accommodate for that you're doing something wrong
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