@MarinadeFinance, after careful research, it was found that the price was seriously undervalued. It is the largest staking protocol on Solana, earning $10 million a year, but the market capitalization of the token $MNDE is only over 40 million. Starting in September, the protocol will take out 50% of its monthly fee revenue and automatically buy back $MNDE in the market, with an annual buyback amount of about $5 million, equivalent to 11% of the current total market capitalization of MNDE This is not just talk, it is long-term, open, and automatic. furthermore 1️⃣ There is also a 5% burn proposal, 2️⃣25 million governance rewards are being promoted The most important thing is: Marinade is the exclusive staking provider for the first Solana ETF in the United States, ETF staking proceeds are all executed through Marinade Franklin Templeton, who manages $1.5 trillion in assets, named MNDE as an undervalued asset in the report. Some key valuation indicators are also exaggerated: 🛡️TVL/Market Cap ratio of 45.8x, 🛡️P/E is only 3.1x, which is much lower than comparable protocols 🛡️ There are ETFs and institutional-level endorsed pledge agreements, and there are few in the entire market These future catalysts also need to be kept watching: 1: TVL growth 2: ETF expansion progress 3: Repurchase + destruction + implementation of governance proposals In fact, I'm also curious, is it really the aroma of wine that I'm afraid of deep alleys? I will personally build a small position first, add while observing, welcome to follow up, discuss, and share in the comment area. #月牙项目挖掘
Show original
5.79K
3
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.