Time for updated
@solsticefi Moon Math 🚀
With only a 6% chance at TGE in December we need to calculate for more total Flares...
The good news is the airdrop numbers still look great
Here are my updated calculations 👇
In order to get an accurate airdrop prediction we need an estimated;
> FDV
> Total number of Flares
> Allocation of Flares for airdrop
1⃣ FDV Prediction
I previously compared Solstice to other Solana projects;
- Meteora, $650M TVL -> $340M FDV
- Kamino Finance, $2.5B TVL -> $440M FDV
- Drift, $930M TVL -> $210M FDV
- Orca, $350M TVL -> $84M FDV 👀
I'm a big Solstice bull but we also have to be realistic on the FDV
Based on the above, I'd expect a FDV of $100M-$125M ✅
2⃣ Total Number of Flares
Total Flares right now -> 38B
The current Flare emission rate (calculated by
@WittyChartGuy) -> 1.89B/day
BUT, don't forget we now have the Ethos boosts & USX & eUSX one-off boosts coming soon
I expect daily Flare emission to average out to around 2.2B/day
Expected TGE date -> 82% chance by March via
@Polymarket
Let's assume end of Feb TGE
That's 90 days * 2.2B -> 198B + 38B
Total expected Flares -> 236B 🔥
3⃣ Allocation of Flares
I think we see another milestone hit
Expecting 8.5% supply of SLX for Flare holders by TGE
4⃣ Final Calculation
> $125M FDV
> 236B Flares
> 8.5% allocation
That's $10.6M in rewards for 236B Flares
$0.000045 per Flare
or $45 per 1M Flares ✅
I'm now expecting at least 35M Flares by TGE
Which would still be a $1,575 airdrop ⭐️
What do you think? Am I being too bullish or bearish?
gSolstice!