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Hyperion Drips Credits have been snapshotted!
You can use the snapshot data and airdrop ratio to speculate on the market capitalization or the value of points.
➤ Known Information:
0. The total amount of airdrops in Genesis is 5%;
1. The total amount of Drips generated by Genesis is 557.5M;
2. The cost of points earned through regular trading is $0.01;
3. The cost of recently discounted points earned through xBTC trading is $0.005;
➤ Simple Speculation:
1. Early trading credits: The airdrop value is $5.57M, corresponding to the market value of FDV is $111.4M;
2. 5% off trading credits: the airdrop value is $2.78M, and the corresponding FDV is $55.7M;
According to the comparison object that everyone is more accustomed to, the DEX faucet of @Aptos should be benchmarked against the DEX faucet of @SuiNetwork.
However, SUI's DEX faucet @CetusProtocol suffered a hacker attack some time ago and has not yet recovered, and the current strong competitor @MMTFinance has not yet TGE.
If, referring to Cetus, its current FDV is $98.92M, which is slightly lower than the cost of partners who obtained points in early transactions, but higher than the cost of partners who obtained trading points at a discount.
Of course, if it is really calculated according to cost, DeFi players' points are cost-free, and they can win no matter what.
Because $100 liquidity gives 5 points per day, that is, $100 gives an additional $0.05 or $0.025 per day, which translates to an APR of 18.25% or 9.125%, which is equivalent to 30% or even 40% of the APR of depositing stablecoins in Hyperion!
However, this is all hypothetical airdrops, which are calculated entirely based on points, and the details will have to wait for the official news of @hyperion_xyz.
Note: The above is only for information sharing, not investment advice, please do your own research!
DeFi enthusiasts: BitHappy

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