Finn Clancy

[Finn Clancy @FinnClancy2]

@Jason @chesaboudin *would you be willing to invest in our new blockchain based tokenized carbon credits start-up?*

[Finn Clancy @FinnClancy2]

@jameslavish Expected Return would be:

P(x)*payout(x)+P(y)*Payout(y)

Let’s say x is the “bullish” outcome, and y is the “bearish” outcome.

P(x) = 0.016
Payout(x) = $1,000,000

P(y) = 0.984
Payout(y) = $14,000

0.016*$1,000,000+0.984*$14,000
=$16,000+$13,776
=$29,776

0.75% drop from $30k