Post by @zkjew • Hey

What do you think EtherFi and EigenLayers airdrop market cap be as well as drop % or supply to users.

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I’ve been doing moon math, but say you have 10000 EL points right. If it’s a 10% proportional airdrop, with 1 B circulation that’s about 500. Then if you give EL 30 B MCAP (pretty conservative) it ends out being a 15k airdrop. Am I mathing wrong?
Will probably do the TIA. So market cap mooning. I’m quite sure points will be used to do tiers rather than direct conversion. I’m ready to be disappointed but super excited about both projects in general😆😂
One way to think about is what you see the yield on Pendle. For example, if people are willing to pay 25% on your ETH for short term, that means the airdrop speculators are betting higher than 25% return from that so you could reverse engineer the sentiment by calculating the borrowed ETH via Pendle used in EtherFi/EigenLayer and total staked.