the $ETHFI feels absurdly underpriced
- @ether_fi now holds $11.63B TVL
- generating $337M in annualized fees
- $83M in revenue
- $15M flowing directly to holders
- trades at only a $936M market cap / $1.81 B FDV
- roughly 4x lower valuation than projects with comparable fee capture
- misconception is that it is âjustâ a liquid-staking play, but already a top-tier on-chain yield and infrastructure protocol with sustained revenue and staking traction ($106 M ETHFI staked, 11.4 % of supply)
- plus the best crypto card I've ever used
- neobank narrative heating up
- joined etherfi because of all of the above as an ambassador, expecting them to keep smashing it and personally accumulating $ETHFI
- woof woof
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