Dividends, paid in actual stock.
→ Hold base:0xc6405d7a226e1c18e559be2f335f74c01ad07bf5, receive NVDA, AAPL, GOOGL, META, SPCX every cycle
→ Stocks Terminal: every tokenized stock on Base in one table
→ Indices: point any coin's fees at a basket of equities
The tokenized stocks revolution on @base has started.
$stonkex looks cheap rn. but there are a couple of things you should know.
$6M mcap. ~$1M/yr of protocol revenue. 5.7x.
at the current pace they buy back ~15% of the mcap every year.
1/ the launchpad mostly trades itself
$42.6M of the $63.2M lifetime volume is $stonkex. 67%.
~60% of all fees come from its own pool.
traders pay 1%, the 1% buys the token back. that's a loop.
take the loop out and 5.7x becomes ~14x.
2/ revenue is down 85% from the peak
sep 6: $18.7K/day to the protocol
last 7 days: $2.9K/day
launches are up (244 in 24h). money per launch isn't.
v2 went live sep 25 and outside coins finally outearned $stonkex.
v2 fees since: $13.9K → $9.8K → $6.2K → $3.0K/day.
3/ even the mcap is rounded up
$6M = price × 1B. but almost 10% is burnt.
circulating mcap: ~$5.45M.
the main question to me is can this launchpad make money without its own token trading?
if v2 coins alone can pay what the whole protocol pays today (~$2.9K/day), $6M is cheap.
if not, it's a token buying itself back with its own volume.
watch the v2 fees.
@Stonks_Exchange Launches at ATH. Pad Volume rising fast better distro !
Best moment ever and best r:r ever on the-stonks-exchange:native
Team will have a round table in Singapore for token 2049 with base too
Welcome aboard @carlosjmelgar 🐂
Carlos is joining Stonks Exchange as an advisor.
Former LATAM country lead at @coinbase, he'll help drive @Stonks_Exchange adoption across @base.
The home of memestocks is going global. 📈
I just got infinitely more bullish on @Stonks_Exchange $stonkex after seeing they hired @carlosjmelgar as advisor
Insanely good decision
Carlos is in the trenches every day putting in the work connecting the entire @base community together
You guys got a good one
Huge shot-out to @Stockify_fi, who has been partnering with us since day 1, providing the infrastructure for stocks rewards and buyback.
You can now launch tokens paired with $STFY. 🤝