4: Find what’s “undervalued”.
We can do this by dividing price over 30d fees, we’re looking at MCAP/FEES but you could FDV/FEES as well.
1️⃣ El Dorado Exchange 2.1
2️⃣ Level Finance 5.5
3️⃣ Mummy Finance 9.9
4️⃣ GMX 32.8
5️⃣ MUX 34.9
6️⃣ Metavault 54.5
7️⃣ GNS 74.2
I could only complete these with the data I had available, this only depicts a picture between MCAP/30d fees.
This gives you an idea of how you can find what might be “undervalued”, a protocol that is making a lot of fees (if these fees are reported correctly on DeFi Llama) compared to its current market cap.
Also look at FDV/30dfees to see how that compares.
Derivative exchanges have seen:
- GMX: 10x
- MCB: 15x
- GNS: 20x
What if I told you I analysed these exchanges to find what is undervalued?
Let’s dive in: 🧵 👇
5/ Copywriting
Copywriting is making a sale through writing.
Knowing human psychology is an invaluable skill in this career
You
- Know the problems of your audience
- Analyze competition
- Present the best solution (through your copy)
Earning?
$20/hr- $60/hr+
I really like ideas like this getting put into reality and being tested in real, everyday situations. There's so much potential for stuff like this in many countries but more particularly developing countries in Sub-Saharan Africa.
bbc.com/future/article…
I can say that we pretty much have a lawn now. Little pit patchy in some places but I will fix that next summer when I level it properly. Really pleased with how the rock wall looks too!