@darkwoodslabs i may be interpreting incorrectly but are you implying you will have some inference pricing discounts for recurring users and stakers?
If not, I think this model would be extremely beneficial to investors and could help capture some market share from Venice (if the economics work).
@contractclaus@contractclaus what do you think about $AUTON? It’s a launchpad for agents to launch coins and trade freely. Seems to be up your alley
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@autonxyz@spacepixel@0xOvertrade You should make it so they can buy these coins after graduation. It’d be interesting to see how AI and human traders interact post graduation
@0rxbt@ubik_gold Great concept. Once proven out, will @ubik_gold scan prediction markets and take positions on mispriced markets? This could turn into an interesting buyback model for the token.
@Crypt0Value Bullish UBIK, bearish AI slop theses like this.
Seems you forgot to feed the recent YouTube videos into your LLM. I’m leaning toward actionable prediction market analyst.
I think it’s important to try to connect with some of the bigger players like Robinhood, Ondo, etc. to potentially form partnerships down the line. The top names building in this space are the ones that will drive adoption and it’s crucial to build these connections early so you can gain that market share along with them. Your product is extremely useful once more adoption comes, you’d rather it be integrated than replaced by the bigger names.
Have you been working on this front? Would love to hear how you’re thinking about this
Lastly, using $AERO as a comp, $FABLES is being undervalued relative to TVL and 30-day trading fees.
Given that robinhood:0xb9972ca7188e511174947e3936a5315ac7073277 will account for approximately 1/3 of $FABLES circulating supply, we can establish an implied market cap of about $26.8m based on Prologue’s current $8.94m market cap (as of writing).
This implies a 0.53x premium to current TVL vs. Aerodrome’s 2.14x premium to current TVL.
More interestingly, Fable’s implied MC premium relative to its 30-day trading fees is 9.44x compared to Aerodrome’s 48.29x. This discrepancy becomes even more significant if we consider Fables’ consistent multi-week trading fee growth.
$PROLOGUE has seen a substantial dip (>40%) over the past 30 hours immediately following the $AERO announcement that it will expand to Robinhood Chain. I believe the market is significantly overestimating the threat to @fablesfi that @aeroxyz poses.
While @aeroxyz has an established brand and a competing ve(3,3) liquidity-incentive model, trading fee yield is objectively worse than @fablesfi. The attached image compares the 30-day trading fees generated by both protocols relative to DEX volume and TVL.
Relative to DEX volume, Fables’ yield was 0.181% compared to Aerodrome’s 0.135%. In other words, Fables generated 34% more fees per dollar of volume compared to Aerodrome over the last 30 days. Fables’ trading fees relative to TVL was 5.62% compared to Aerodrome’s 4.41%, showing Fable’s generated 27% more fees per dollar of TVL compared to Aerodrome.
I also believe the market is discounting the momentum that Fables has seen.
Current TVL of $50.8m increased 88% over the past 7 days, or 157% over the last 14 days, indicating increased momentum in the most recent week.
Trailing 7-day DEX volume of $671m increased 52% over the past week, or 115% compared to two weeks ago.
NO OTHER DEX IS SHOWING THIS LEVEL OF CONSISTENT GROWTH OVER A MULTI-WEEK PERIOD.