As shared a few times here on the forums, it’s great to see the market take action with the latest developments (long overdue). I have been crunching some numbers, and I can’t help but think NEX is still undervalued. See the following:
Fee calculations are not official
I’m making a few assumptions here for some of the calculations: 24-month staking with maximum fees for L2 trading (.0025) and fiat ramps (1%); also trying to stay conservative with daily volume (~$3M/day). The monthly payout is based off 10,000 staked NEX.
NEX value is unique where you can roughly calculate ARR. Prior to the price jump in recent days, you could roughly calculate 3% ARR based on the volume generated from Nash League. With the new products coming soon, and a few more partners implementing the white-label products, it appears NEX value still has much growth ahead. I know the team will release official fee numbers when products go live, but just wanted to see if anyone else feels similarly?