⚡️ $SAGA Mining income forecast: total 1b, initial circulation 9%, 90m. Two rounds of financing totaled 10.5 million, and the proportion allocated to investors in the token economy was 20%, so the average FDV of institutions was around 52.5 million, and TGE was not unlocked.
SAGA is an L1 on which a proprietary chain can be customized, mainly for games. Compared with the projects that are also COSMOS ecological chains, ALT and DYM are highly valued, but SAGA only focuses on the game track, and the valuation space will be a little smaller. AVAX is biased towards games and is also a sub-network application chain. The track is the same, but it certainly cannot reach the height of AVAX.
Let's take a look at Binance's past yields. The average mining income in the past three times was pulled up by ENA. According to ENA 1u, it is about 1.3%+.
At present, the deposit volume is 17.9m in the BNB pool and 2.73b in the FDUSD pool. If calculated at a 1.3% yield, the price is 3.7-3.9U.
Comprehensive track valuation and mining income, conservatively estimated price is around 2.5-3.9. Assuming the price is 3, according to the current pool data, the corresponding yield for entering the market for 3 days is: BNB pool 0.78%, FDUSD pool 0.74%.
Deducting wear and tear, buy FDUSD: wear and tear 0.36%, actual income 0.38%. Buy BNB + contract hedging (USDC trading pair): wear and tear = 0.387% (funding rate - 0.043%), actual income 0.393%. You can still participate.
